Lahore: A significant event is scheduled for Zahur Cotton Mills Limited, as the company will hold a Board of Directors meeting on October 04, 2024. The primary agenda for this gathering is to consider and approve the annual audited accounts along with the auditor’s report for the fiscal year that concluded on June 30, 2024.

The upcoming board meeting is a crucial step in the company’s annual financial review process. The directors will evaluate the financial statements prepared by the auditors, ensuring that they accurately reflect the company’s financial status over the past year. This review is essential for maintaining transparency and accountability to shareholders and regulatory bodies.

According to information available from the Pakistan Stock Exchange (PSX), Zahur Cotton Mills has also announced a "Closed Period" from September 27, 2024, to October 04, 2024. During this time, directors, the CEO, and executives are prohibited from dealing in the company’s shares. This restriction is in compliance with Clause 5.6.1 (d) of the PSX Rule Book, designed to prevent insider trading and promote fair dealing in the market.

The company has taken appropriate measures to communicate these developments to the TRE Certificate Holders of the Exchange, ensuring all regulatory requirements are met and stakeholders are informed of the significant decisions pending during the upcoming meeting.