Colony Textile Mills Limited to Review Annual Accounts and Entitlement Declaration in Upcoming Board Meeting.

Lahore -- Colony Textile Mills Limited has officially announced that its Board of Directors will convene a pivotal meeting on October 6, 2023, in Lahore. The primary agenda of this meeting is to meticulously assess the Annual Accounts for the fiscal period culminating on June 30, 2023, with a particular focus on determining any entitlements for the company's stakeholders.

In strict adherence to the regulations prescribed by the Pakistan Stock Exchange (PSX), the company has invoked a "Closed Period," which commenced on September 28, 2023, and will persist until October 6, 2023. This Closed Period is established in accordance with the provisions outlined in PSX Regulation 5.6.1(d).

Throughout this Closed Period, it is imperative to note that no transactions involving the acquisition, sale, or transfer of shares in Colony Textile Mills Limited are permitted, whether directly or indirectly, for the company's Directors, Chief Executive Officer (CEO), or any other Executive associated with the organization. This precautionary measure is taken to ensure a level playing field...