National Silk and Rayon Mills Announces Board Meeting and Quarterly Review

Karachi: The National Silk and Rayon Mills Limited has scheduled a board meeting for October 30, 2024, in Faisalabad to review its quarterly financial results for the period ending September 30, 2024, and to discuss potential entitlement declarations for its shareholders.

According to information available from the Pakistan Stock Exchange (PSX), the meeting is pivotal as it coincides with the announcement of a closed period from October 14 to October 30, 2024, in compliance with PSX regulations. During this time, no director, CEO, or executive shall engage in the trading of company shares, directly or indirectly.

Shareholders and those holding TRE Certificates of the Exchange will be duly informed to align with regulatory standards and ensure transparency in transactions during the closed trading window.

This corporate governance measure underscores the company’s adherence to legal and ethical standards, aiming to foster trust and maintain integrity in its financial practices.

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