Lahore: Shadab Textile Mills Limited has scheduled a board meeting on October 25, 2024, to review the company's financial results for the quarter ended September 30, 2024. The meeting is set to convene at Lahore.

The board’s agenda is to deliberate on the quarterly financial statements and any matters pertaining to shareholder entitlements. This period is particularly significant as it marks the end of a financial quarter, and the outcomes could provide investors and stakeholders with insights into the company's performance and operational direction.

According to information available from the Pakistan Stock Exchange (PSX), Shadab Textile Mills has declared a "Closed Period" from October 18 to October 25, 2024, as per clause 5.6.4 of PSX Regulations. During this time, directors, the CEO, and executives are restricted from trading company shares directly or indirectly. This is a standard regulatory measure to prevent insider trading ahead of significant financial disclosures.

The announcement has been made to ensure compliance with market regulations and to uphold the integrity of financial reporting. TRE Certificate Holders of the exchange have been notified about the meeting and the closed period, affirming Shadab Textile Mills' commitment to transparency and ethical governance practices.