Bilal Fibres Schedules Board Meeting for Quarterly Accounts Review

Lahore: Bilal Fibres Limited has announced that its Board of Directors will convene a meeting on October 30, 2024, at Lahore. The primary agenda of the meeting is to review and approve the Quarterly Accounts for the period ending September 30, 2024. This meeting may also result in the declaration of entitlements related to the reviewed accounts.

The company has additionally declared a Closed Period from October 22, 2024, to October 30, 2024, in compliance with Section 5.6.1(d) of Pakistan Stock Exchange (PSX) Regulations. During this period, no director, CEO, or executive of Bilal Fibres will be allowed to directly or indirectly trade the company’s shares.

According to information available from the Pakistan Stock Exchange (PSX), the Closed Period rule is mandatory for publicly traded companies to prevent insider trading during sensitive periods leading up to significant financial decisions.

TRE Certificate Holders of the Exchange have also been notified to ensure compliance with the regulations during the announced period.

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