Towellers Limited Announces Board Meeting to Determine Director Numbers

Karachi: Towellers Limited has scheduled a Board of Directors meeting for September 19, 2024, at its registered office to decide on the number of directors for the next term. According to information available from the Pakistan Stock Exchange (PSX), this non-financial decision-making session is critical for the company’s governance structure for the upcoming period.

The company has also declared a “closed period” from September 12 to September 19, 2024, in accordance with Clause 5.6.1(d) of the PSX Regulations. During this period, no director, CEO, or executive is permitted to buy or sell company shares, whether directly or indirectly.

The TRE Certificate Holders of the Exchange have been notified of these developments as required by regulatory guidelines.