Lahore: Saritow Spinning Mills Limited has announced that a meeting of its Board of Directors is scheduled for February 28, 2025. The meeting, set to take place at 2:30 P.M. at the company's offices located at 14-K.M. Ferozepur Road, Lahore, will focus on reviewing the company's Un-Audited Quarterly Accounts for the second quarter ending December 31, 2024.

The company has declared a "Closed Period" from February 22, 2025, to February 28, 2025, inclusive of both days. During this timeframe, as stipulated by Section 5.6.1(d) of the Pakistan Stock Exchange (PSX) Regulations, no Director, CEO, or Executive of Saritow Spinning Mills Limited is permitted to engage in any form of trading or dealing in the company's shares, whether directly or indirectly.

According to information available from the Pakistan Stock Exchange (PSX), this regulatory measure ensures that all stakeholders have equitable access to the company's financial information following its review by the Board.

The textile sector, within which Saritow Spinning Mills Limited operates, is designated as a critical market category. The forthcoming financial disclosures are anticipated to shed light on the company's performance in this sector for the latter half of 2024. Stakeholders, including TRE Certificate Holders of the Exchange, have been advised to take note of these important dates and the Closed Period restrictions.