Multan: Mehmood Textile Mills Limited has scheduled a board meeting for October 7, 2024, at its registered office in Multan, to review and approve the annual audited financial statements for the fiscal year ending June 30, 2024.
The company has set the period from September 30, 2024, to October 7, 2024, as the closed period, during which directors, the CEO, and executives are prohibited from trading company shares. This aligns with requirement 5.6.1 (d) of the Pakistan Stock Exchange Regulations. According to information available from the Pakistan Stock Exchange (PSX), this announcement is intended to ensure transparency and compliance with market regulations during critical financial disclosures.
Stakeholders, including certificate holders, have been advised of the upcoming board meeting and the restrictions during the closed period, underscoring the company's adherence to regulatory standards.