Janana De Malucho Textile Mills Limited Holds Board Meeting to Elect Chairman and Appoint CEO and Closed Period

Karachi, Janana De Malucho Textile Mills Limited has announced that a crucial board meeting will take place on May 22, 2023, at their headquarters in Rawalpindi. The primary agenda of the meeting is to elect a new Chairman and appoint a Chief Executive Officer (CEO) for the company. Alongside these significant decisions, the board will also address other important matters.

The company has also declared a “Closed Period” from May 15, 2023, until May 22, 2023. During this period, employees and stakeholders are prohibited from trading the company’s securities, ensuring fairness and preventing any potential insider trading. The closed period allows the board to make critical decisions without any external influences.