⚡ Flash Summary
Gadoon Textile Mills Limited has announced a Board of Directors meeting on October 24, 2025, to review the Quarterly Financial Statements for the period ending September 30, 2025. In compliance with the Pakistan Stock Exchange regulations, the company has declared a closed period from October 17, 2025, to October 24, 2025, restricting directors, CEO, and executives from trading shares during this time. The announcement was made on October 16, 2025, and is intended to inform the TRE Certificate Holders of the exchange. The meeting will take place at the company’s head office at 11:30 a.m.
📌 Key Takeaways
- 📅 Board of Directors meeting scheduled for October 24, 2025.
- 🏢 Meeting to be held at the company’s head office.
- 🕒 Meeting time is 11:30 a.m.
- 🧾 Quarterly Financial Statements for the period ended September 30, 2025, to be considered.
- 🔒 Closed Period declared from October 17, 2025, to October 24, 2025.
- 🚫 Trading restrictions imposed on directors, CEO, and executives during the Closed Period.
- 🇵🇰 Compliance with Clause 5.6.4 of Rule Book of the Pakistan Stock Exchange.
- 📢 Announcement dated October 16, 2025.
- ✉️ Notification to TRE Certificate Holders of the Exchange.
- 🏭 Gadoon Textile Mills Limited is the company in question.
- 👔 Fuad Zakaria Bhuri is the Company Secretary.
- 📍 Head office located in Karachi.
🎯 Investment Thesis
Given the lack of financial data in the announcement, a HOLD recommendation is appropriate. A more informed investment decision can be made after the quarterly financial statements are released and analyzed. A price target and time horizon cannot be determined at this time. Further financial and industry analysis is needed for a better recommendation.
Disclaimer: AI-generated analysis. Not financial advice.