Karachi: Shadab Textile Mills Limited has issued a formal notice under section 159(4) of the Companies Act, 2017, which is scheduled for publication on March 21, 2025. This notice is directed towards the TRE Certificate Holders of the Exchange.
The notice, dated March 19, 2025, outlines the company's compliance with statutory obligations as mandated by the Companies Act. It is a procedural requirement aimed at ensuring transparency and communication between the company and its stakeholders.
According to information available from the Pakistan Stock Exchange (PSX), Shadab Textile Mills operates within the textile sector, a designated market category critical to the country's economy. The release of such notices is a standard practice, ensuring that the company's operations remain within the legal framework set forth by regulatory authorities.
Stakeholders and TRE Certificate Holders are encouraged to review the notice upon its publication to stay informed about any significant developments or procedural updates within Shadab Textile Mills Limited. The company remains committed to maintaining open channels of communication in compliance with national corporate governance standards.