Islamabad: Saif Textile Mills Limited has scheduled a board meeting on April 29, 2025, in Islamabad to evaluate the company's quarterly accounts for the period concluding on March 31, 2025. This meeting may also include discussions on the declaration of any entitlements.
The company has instituted a Closed Period from April 22, 2025, to April 29, 2025, in compliance with section 5.6.1(d) of the Pakistan Stock Exchange (PSX) Regulations. During this time, directors, the chief executive officer, and executives are prohibited from engaging in any direct or indirect transactions involving the company's shares.
According to information available from the Pakistan Stock Exchange (PSX), the board meeting is a routine procedure for the company to assess and declare financial standings and entitlements.
Saif Textile Mills Limited is required to notify the Trading Rights Entitlement Certificate (TRE) holders of the exchange about the Closed Period, ensuring compliance with regulatory practices within the designated market category.