Lahore: Reliance Cotton Spinning Mills Limited has announced a forthcoming board meeting to review the company’s annual accounts for the fiscal year ended June 30, 2024. The meeting is scheduled to take place via video link on September 27, 2024, to discuss potential entitlement declarations.

The company, listed under the designated market category of textiles, will adhere to Pakistan Stock Exchange (PSX) regulations during this period. According to information available from the Pakistan Stock Exchange (PSX), a "Closed Period" has been declared from September 21 to September 27. During this time, directors, the CEO, and executives are prohibited from dealing in the company’s shares, in compliance with Clause 5.6.4 of the PSX Regulations.

This governance measure ensures transparency and fairness in handling insider information prior to the public release of the financial results. The outcome of the meeting and any decisions regarding entitlements will be disclosed following the board’s review of the financial statements.