⚡ Flash Summary

Ashfaq Textile Mills Ltd. has announced a board meeting to be held on October 29, 2025, to consider and adopt the Quarterly Unaudited Accounts for the quarter ended September 30, 2025. In compliance with PSX regulations, the company has declared a “Closed Period” from October 23, 2025, to October 29, 2025. During this period, no Director, CEO, or Executive can directly or indirectly deal in the company’s shares. This announcement aims to inform stakeholders and ensure compliance with regulatory requirements.

📌 Key Takeaways

• 📅 Board meeting scheduled for October 29, 2025.
• 🏢 Meeting to be held at the Registered Office in Faisalabad.
• 🧾 Agenda includes consideration of Quarterly Unaudited Accounts.
• 🗓️ Quarter under review ends September 30, 2025.
• 🔒 “Closed Period” declared from October 23 to October 29, 2025.
• 🚫 No trading by Directors, CEO, or Executives during the Closed Period.
• 📜 Compliance with clause 5.6.1(d) of PSX Regulations.
• 📢 TRE Certificate Holders to be informed accordingly.
• 🏢 Ashfaq Textile Mills Ltd. established since 1988.
• ✉️ Contact email: info@ashfaqtextile.com.
• 🌐 Website: www.ashfaqtextile.com.

🎯 Investment Thesis

Given the lack of financial information and the nature of this announcement (board meeting and closed period), a HOLD recommendation is appropriate. This is because the announcement does not provide sufficient information to make a definitive buy or sell decision. Further financial results and strategic announcements are needed to reassess the investment thesis.