Karachi: Shadman Cotton Mills Ltd has announced that its Board of Directors will convene a meeting on February 27, 2025, to review the company's half-yearly accounts for the period ending December 31, 2024. The meeting is scheduled to commence at 10:30 AM at the company's registered office located at 3.5 KM, Feroze Watwan, Warburton Road, Kot Shah Muhammad, near Chandi Kot, Tehsil and District Nankana Sahib.

The agenda for the meeting includes the consideration of the half-yearly accounts along with a Directors' Report and the potential declaration of any entitlements. The company has also declared a "Closed Period" from February 21, 2025, to February 27, 2025, inclusive of both days. This measure, in compliance with Clause 5.6.1(d) of the Pakistan Stock Exchange (PSX) Regulations, restricts any Director, Chief Executive Officer, or Executive from directly or indirectly dealing in the company's shares during this period.

According to information available from the Pakistan Stock Exchange (PSX), companies often enforce a closed period to prevent insider trading and ensure transparency before the release of significant financial information.

The company has requested that the TRE Certificate Holders of the Exchange be informed of these developments. This move is part of ensuring compliance and maintaining the integrity of the stock market as per the designated market category regulations.