Lahore: Sally Textile Mills Limited has announced that its Board of Directors will convene on April 23, 2025, in Lahore to evaluate the company’s quarterly accounts for the period ending March 31, 2025. The meeting will also consider the declaration of any entitlements related to these accounts.
In compliance with the regulations of the Pakistan Stock Exchange, Sally Textile Mills Limited has instituted a closed period starting April 17, 2025, and ending on the day of the board meeting, April 23, 2025. During this time frame, directors, the chief executive officer, and executives are restricted from engaging in any form of trading 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 regulatory measure to prevent insider trading and ensure transparency in the handling of financial data.
The company has requested that the Trading Rights Entitlement (TRE) Certificate Holders of the Exchange be informed of this closed period and the upcoming board meeting. The market category for Sally Textile Mills Limited, as designated by the PSX, has not been specified in the announcement.