Karachi: Shahzad Textile Mills Limited announced a revision of its book closure dates, citing upcoming Eid holidays and consultations with the Central Depository Company (CDC) and the Share Registrar. According to a notice concerning the company's Extra Ordinary General Meeting (EOGM) dated March 24, 2025, the initial book closure was set from March 30 to April 5, 2025.

The revised schedule moves the beginning of the book closure period to March 28, 2025, extending through April 5, 2025. This adjustment aims to accommodate the observance of Eid, ensuring all regulatory and shareholder obligations are met without disruption.

This news is significant for the stakeholders involved, particularly the TREC holders of the Exchange, who have been advised to note the change in dates. According to information available from the Pakistan Stock Exchange (PSX), the textile sector continues to be a critical part of the market category, impacted by such decisions.

The EOGM is expected to proceed on April 5, 2025, as planned, with the revised book closure dates allowing for the timely execution of all necessary financial and administrative processes.