Faisalabad: Masood Textile Mills Limited has announced the convening of a Board of Directors meeting scheduled for October 30, 2025. The meeting will be held at the company's registered office located at Universal House, 17/1, New Civil Lines, Bilal Road, Faisalabad, commencing at 11:00 A.M. The primary agenda for the meeting is the consideration of the company's unaudited accounts for the period ending September 30, 2025.
In compliance with Clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations, Masood Textile Mills Limited has instituted a "Closed Period" from October 23 to October 30, 2025. During this time, no director, CEO, or executive of the company is permitted to engage in any direct or indirect transactions involving the company's shares. According to information available from the Pakistan Stock Exchange (PSX), such measures are standard practice to prevent insider trading and ensure transparent financial disclosures.
The company has requested that certificate holders of the exchange be duly informed of the closed period and the forthcoming board meeting. This period is crucial as it precedes the release of financial data that could potentially influence trading activities in the market.