Karachi, Reliance Weaving Mills Limited, a notable player in the industry, has officially announced the scheduling of a crucial Board of Directors meeting. This meeting, slated for September 30, 2023, will take place in Multan and will also be conducted via ZOOM, embracing the evolving digital landscape. The primary agenda of this gathering is to deliberate on and approve the annual audited financial statements for the fiscal year concluding on June 30, 2023, with potential discussions on the declaration of entitlements to shareholders.

In strict compliance with regulatory directives stipulated under Clause 5.6.4 of the PSX Regulations, Reliance Weaving Mills Limited has formally declared a "Closed Period" running from September 22, 2023, to September 28, 2023, inclusively. During this prescribed Closed Period, all members of the Board, including Directors, the CEO, and company Executives, are prohibited from engaging in any form of direct or indirect trading involving the company's shares.

The upcoming Board meeting holds paramount significance for Reliance Weaving Mills Limited, its shareholders, and stakeholders, as it serves as a pivotal platform for the thorough examination and approval of the annual audited financial statements. This meticulous review provides invaluable insights into the company's financial performance and overall health for the specified reporting period.

Reliance Weaving Mills Limited remains steadfast in its commitment to transparency and unwavering compliance with all regulatory frameworks governing its operations. Stakeholders and shareholders will be keenly anticipating the outcomes of this vital Board meeting, which will be disclosed promptly after the meeting's conclusion, underlining the company's dedication to transparency and regulatory adherence.