Multan: Reliance Weaving Mills Limited has announced a forthcoming board meeting scheduled for February 27, 2025, to evaluate the company's un-audited financial statements for the half-year ending on December 31, 2024. The meeting will take place at the company's registered office in Multan and will also be accessible via Zoom.
The company has imposed a "Closed Period" from February 21 to February 27, 2025, as stipulated by the Pakistan Stock Exchange (PSX) regulations. During this period, no director, CEO, or executive is permitted to engage in transactions involving the company's shares, whether directly or indirectly.
According to information available from the Pakistan Stock Exchange (PSX), the closed period is a standard practice aimed at maintaining market integrity and transparency. Reliance Weaving Mills Limited has communicated this information to the TRE Certificate Holders of the Exchange.
This upcoming meeting is part of the company's regular financial review process, where the board will scrutinize the financial performance over the six-month period. The outcome of this meeting is anticipated to be closely monitored by investors and stakeholders within the designated market category.