Rawalpindi: Suhail Jute Mills Limited has announced a board meeting set for October 29, 2024, at Rawalpindi. The primary focus of this meeting will be to review the quarterly accounts for the period ending September 30, 2024, and to determine any potential entitlements for shareholders.

According to information available from the Pakistan Stock Exchange (PSX), the company has also declared a Closed Period from October 22 to October 29, 2024. During this period, no director, CEO, or executive shall engage in any transactions involving the company's shares. This decision adheres to Clause 5.6.1(d) of PSX Regulations, aimed at preventing insider trading during significant financial disclosures.

The upcoming board meeting is an essential event for the company as it will provide clarity on its financial position and any upcoming entitlements for its investors. The Closed Period is a standard regulatory measure intended to maintain market integrity.

Suhail Jute Mills will inform the TRE Certificate Holders of the Exchange about the details of the meeting and the implications of the Closed Period.