Lahore: Zahur Cotton Mills Limited has announced that its Board of Directors will convene on April 30, 2025, in Lahore to deliberate and potentially approve the company's quarterly accounts. These accounts are identified as Post Merger Accounts, following the merger sanctioned by the Lahore High Court. The financial period under review concludes on March 31, 2025.

The company has instituted a "Closed Period" extending from Wednesday, April 23, 2025, to Wednesday, April 30, 2025. This regulatory measure, as outlined in Clause 5.6.1 (d) of the Pakistan Stock Exchange (PSX) Rule Book, prohibits any dealings in the company's shares by its Directors, CEO, or Executives during this timeframe, either directly or indirectly.

According to information available from the Pakistan Stock Exchange (PSX), Zahur Cotton Mills Limited is committed to maintaining compliance with market regulations. The company has addressed the TRE Certificate Holders of the Exchange, ensuring they are apprised of the impending Board meeting and the stipulated Closed Period as per the market category regulations.

The meeting is expected to be a crucial step for Zahur Cotton Mills Limited as it transitions to its post-merger operational phase, with the approval of the quarterly accounts being a significant focus for stakeholders and market participants alike.