Shadman Cotton Mills Ltd. Announces Board Meeting to Review Quarterly Accounts

Karachi: Shadman Cotton Mills Ltd. has scheduled a board of directors meeting on April 29, 2025, at the company's registered office. The primary agenda for this meeting is the consideration of the third quarterly accounts for the period ending March 31, 2025. Additionally, the board will review the directors' report and deliberate on the declaration of any entitlement for shareholders.

In compliance with Clause 5.6.1(d) of the Pakistan Stock Exchange (PSX) Regulations, Shadman Cotton Mills Ltd. has declared a "Closed Period" from April 23, 2025, to April 29, 2025. During this time, no director, chief executive officer, or executive of the company is permitted to engage in any direct or indirect transactions involving the company's shares.

According to information available from the Pakistan Stock Exchange (PSX), the closed period is a routine measure to ensure transparency and fairness in the market. It prevents insider trading by restricting key personnel from trading the company's shares during sensitive periods.

Shadman Cotton Mills Ltd. is categorized under the textile manufacturing market sector, and this upcoming meeting is a critical event for stakeholders to monitor, given the company's influence and activities within the industry. The company has notified the TRE Certificate Holders of the Exchange regarding these developments.