Karachi: Nadeem Textile Mills Ltd has announced a forthcoming board meeting to be held on Tuesday, May 27, 2025, in Karachi. The meeting agenda includes the confirmation of the minutes from the previous board meeting, the approval of unaudited third-quarter accounts for the period ending March 31, 2025, and any other business presented with the chair's approval.
The company has declared a closed period from May 21, 2025, to May 27, 2025, in compliance with Clause 5.6.1(d) of the Pakistan Stock Exchange (PSX) Regulations. During this period, directors, the CEO, and executives are prohibited from dealing in the company's shares, either directly or indirectly.
According to information available from the Pakistan Stock Exchange (PSX), the closed period is a standard procedure to prevent insider trading and ensure transparency in the company's financial dealings.
Members of the exchange have been notified of these developments as part of the company's commitment to regulatory compliance and corporate governance.