Breaking News

Suraj Cotton Mills Limited Announces Upcoming Board Meeting to Discuss Quarterly Accounts

Lahore: Suraj Cotton Mills Limited has scheduled a Board of Directors meeting for October 30, 2024, which will be conducted via video link. The primary agenda for this gathering is to review the company’s financial performance for the quarter ending September 30, 2024, and to make decisions regarding any possible shareholder entitlements.

The meeting is set against the backdrop of a recently announced “Closed Period” by the company, starting from October 24, 2024, until the day of the meeting, October 30, 2024. According to information available from the Pakistan Stock Exchange (PSX), during this period, directors, the CEO, and executives are prohibited from buying or selling company shares. This measure complies with Clause 5.6.1(d) of the PSX Regulations, emphasizing the company’s commitment to governance and transparency.

The TRE Certificate Holders of the Exchange have been notified accordingly to align with regulatory requirements and ensure compliance during this critical financial review period. The outcomes of this meeting are eagerly anticipated by stakeholders, as they may influence the company’s financial strategies and shareholder value heading into the final quarter of 2024.

The post Suraj Cotton Mills Limited Announces Upcoming Board Meeting to Discuss Quarterly Accounts appeared first on .

Check Also

Ghandhara Tyre and Rubber Reports Loss of Nearly 34,000 Shares

Karachi: Ghandhara Tyre and Rubber Company Limited, formerly known as The General Tyre and Rubber Company of Pakistan Limited, has reported a significant loss of share certificates belonging to the deceased shareholder, Tahira Sultana. The lost shares...

The post Ghandhara Tyre and Rubber Reports Loss of Nearly 34,000 Shares appeared first on .