Lahore: Yousaf Weaving Mills Limited has announced that its Board of Directors will convene a meeting on February 28, 2025, at 11:00 a.m. The meeting will be held at the company's registered office located at 7/1, E-3, Main Boulevard, Gulberg-III, Lahore. The agenda for the meeting includes reviewing the accounts for the period ending December 31, 2024.

The company has instituted a "Close Period" from February 21, 2025, to February 20, 2025, in compliance with clause 5.193 of the Pakistan Stock Exchange's (PSX) Rule Book. During this period, no director, CEO, 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), this measure is a standard regulatory practice designed to prevent insider trading and ensure transparency during the period leading up to the financial disclosures.

The textile sector, under which Yousaf Weaving Mills Limited is categorized, remains a focus for investors and stakeholders as companies prepare to release their financial results. The outcomes of such board meetings are closely watched, as they can influence market perceptions and stock valuations.

The announcement further instructed that the information be disseminated to the members of the exchange as per the regulatory requirements.