⚡ Flash Summary
Nazir Cotton Mills Ltd. has announced a board meeting scheduled for October 24, 2025, to review the quarterly accounts for the period ending September 30, 2025. The announcement also declared a “Closed Period” from October 17, 2025, to October 24, 2025, during which directors and executives are prohibited from dealing in the company’s shares. This restriction complies with the Rule Book of the Exchange. The meeting will take place at the company’s registered office in Lahore.
📌 Key Takeaways
- 🗓️ Board meeting on October 24, 2025, to review quarterly accounts.
- 📅 Accounts under review are for the period ending September 30, 2025.
- 🏢 Meeting location: Registered office in Lahore.
- 🔒 Closed period from October 17 to October 24, 2025.
- 🚫 Directors/executives cannot trade shares during the closed period.
- 📜 Compliance with Clause 5.6.4 of the Exchange’s Rule Book.
- 📢 TRE Certificate Holders informed accordingly.
- 🏭 Company is Nazir Cotton Mills Ltd.
- 🧵 Business: Manufacturer & Exporters of Cotton Yarn.
- ✉️ Announcement via FORM-1.
- 📍 Head Office: Lahore, Pakistan.
- 📞 Contact: +92-42-35775501-02
- 📧 Email: corporate@nazircotton.com
🎯 Investment Thesis
Based solely on the announcement of a board meeting and a closed period, a HOLD recommendation is appropriate. Further information from the quarterly results is needed to make a well-informed investment decision. A price target and time horizon cannot be determined without financial data.
Disclaimer: AI-generated analysis. Not financial advice.