Lahore: Saritow Spinning Mills Limited has announced that its Board of Directors will convene a meeting on Friday, September 25, 2026, at their Ferozepur Road headquarters in Lahore. The meeting, scheduled for 11:30 A.M, aims to deliberate on the company's financial budget for the fiscal year 2026-27 and to address any potential declarations of entitlement.
In compliance with the Pakistan Stock Exchange (PSX) regulations, Saritow Spinning Mills has declared a "Closed Period" from September 19, 2026, to September 25, 2026. During this timeframe, no director, CEO, or executive will engage in transactions involving the company's shares, either directly or indirectly. This measure aligns with Section 5.6.4 of the PSX Regulations, designed to ensure market integrity and avoid conflicts of interest.
According to information available from the Pakistan Stock Exchange (PSX), the company has informed TRE Certificate Holders of the upcoming board meeting and the imposed restrictions during the Closed Period. The announcement underscores the company's adherence to regulatory standards and its commitment to transparent governance practices.
As the designated market category for Saritow Spinning Mills Limited is monitored closely, stakeholders and investors remain attentive to the outcomes of the forthcoming board meeting and the strategic decisions that may emerge.