Nagina Cotton Mills Announces Board Meeting to Review Annual Accounts

Karachi: Nagina Cotton Mills Limited has scheduled a board meeting for September 30, 2024, at 01:00 AM in Lahore, to discuss the annual accounts for the fiscal year ending June 30, 2024, and to declare any entitlements for the period. This meeting is critical for the company’s annual financial planning and compliance with corporate governance standards.

The company has also announced a closed period from September 23, 2024, to September 30, 2024, as mandated by PSX Regulation 5.6.1(d). During this period, no director, CEO, or executive is permitted to buy or sell company shares. According to information available from the Pakistan Stock Exchange (PSX), this measure is intended to prevent insider trading and ensure transparency during the financial disclosure process.

Stakeholders and TRE Certificate Holders of the exchange have been duly informed to adjust their trading strategies and monitor the company’s disclosures closely during this period.

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