Lahore: Spinning Mills Limited has announced that a board meeting is scheduled for Wednesday, October 29, 2025, at 12:30 p.m. The meeting will take place at the company's office located on the second floor of Garden Heights, 8-Aibak Block, New Garden Town, Lahore. The primary agenda will be to review the financial statements for the quarter ending September 30, 2025.

In compliance with the Code of Corporate Governance, Spinning Mills Limited has declared a "Closed Period" from October 22, 2025, to October 29, 2025. During this period, no director, CEO, or executive is allowed to engage in any trade of the company's shares, directly or indirectly. This measure is in accordance with Clause (xxiii) of the Code of Corporate Governance contained in Listing Regulation No. 35.

The decision to enforce a closed period is a standard practice aimed at preventing insider trading and ensuring transparency. According to information available from the Pakistan Stock Exchange (PSX), companies are required to notify the exchange and its members about such closed periods to maintain market integrity.

Members of the exchange have been duly informed of these developments, ensuring that all parties involved are aware of the restrictions in place until the board meeting concludes.