Lahore: Service Industries Textiles Limited has announced that its Board of Directors will convene on February 28, 2025, to review and approve the half-yearly financial accounts for the period ending December 31, 2024. The meeting is set to take place at 11:30 a.m. at the company's registered office located at 38-Empress Road, Lahore.

The company has also declared a "Closed Period" from February 21, 2025, to February 28, 2025, inclusive of both dates, as mandated by clause 5.6.1(d) of the Pakistan Stock Exchange (PSX) Regulations. During this period, no directors, CEO, or members of the exchange are permitted to engage in any transactions involving the company’s shares, either directly or indirectly.

According to information available from the Pakistan Stock Exchange (PSX), this procedural step ensures transparency and compliance with regulatory requirements. The company's decision to observe a closed period is a standard practice aimed at preventing insider trading and ensuring the integrity of financial disclosures.

The information has been disseminated to the TRE Certificate Holders of the exchange to keep all stakeholders informed and maintain market discipline. The company’s focus remains on adhering to regulatory norms while preparing for the upcoming financial review.