Nishat Mills Sets Date for Q1 Financial Review

Lahore: The Board of Directors of Nishat Mills Limited has announced a meeting scheduled for October 30, 2024, at Lahore. The purpose of the gathering is to consider and approve the unaudited financial statements for the first quarter, which ended on September 30, 2024. According to information available from the Pakistan Stock Exchange (PSX), the board will scrutinize the company’s financial health as it navigates the fiscal year.

In compliance with PSX regulations, Nishat Mills has declared a ‘Closed Period’ from October 23, 2024, to October 30, 2024. During this period, no director, CEO, or executive is permitted to buy or sell company shares, directly or indirectly. This is to ensure fairness and transparency ahead of the disclosures of financial details.

The company has also advised the Trading Right Entitlement (TRE) Certificate Holders of the Exchange to adjust their activities in accordance with these restrictions. The meeting’s outcomes are keenly awaited by investors and market analysts, as they will provide a significant indicator of Nishat Mills’ current financial trajectory.

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