Shadab Textile Mills Limited Announces Board Meeting to Review Quarterly Accounts

Lahore: Shadab Textile Mills Limited has scheduled a board meeting on April 28, 2025, to review the company's quarterly accounts for the period ending March 31, 2025. This meeting will take place at the company's registered office in Lahore.

The agenda for the meeting will include the consideration of un-audited quarterly accounts and the declaration of any potential entitlements for shareholders. The company has also announced a "Closed Period" from April 21, 2025, to April 28, 2025, in compliance with clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations. During this period, no directors, the CEO, or executives of Shadab Textile Mills Limited are permitted to trade shares of the company, either directly or indirectly.

According to information available from the Pakistan Stock Exchange (PSX), the announcement of a closed period is a routine measure to ensure transparency and prevent insider trading. Market participants and TRE Certificate Holders have been advised of these developments as per regulatory requirements, with all necessary notifications duly dispatched.

The scheduled board meeting and the declaration of the closed period are integral for ensuring the company's compliance with market regulations and for maintaining investor confidence. Shadab Textile Mills Limited operates in the designated market category of textiles, which remains a significant sector in the region's economic landscape.