Crescent Textile Mills Announces Board Meeting and Closed Period

Faisalabad: The Crescent Textile Mills Limited has scheduled a Board of Directors meeting on October 29, 2024, to review the company’s financial performance for the first quarter ending on September 30, 2024, and address other relevant matters as per the meeting agenda.

The meeting will take place at the company’s registered office in Faisalabad as outlined in a notice submitted to the Pakistan Stock Exchange (PSX). The company also declared a “closed period” from October 23 to October 29, 2024. During this time, no directors, chief executive officers, or executives are permitted to directly or indirectly trade in the company’s shares.

According to information available from the Pakistan Stock Exchange (PSX), the announcement of the closed period complies with Clause 5.6.4 of PSX regulations, which prevents senior management from participating in share trading during specific times to avoid conflicts of interest.

The Crescent Textile Mills Limited has requested the Pakistan Stock Exchange to inform the TRE Certificate Holders accordingly.

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