⚡ Flash Summary
Ghazi Fabrics International Limited (GFIL) has announced a Board of Directors meeting to be held on October 30, 2025, in Lahore. The purpose of the meeting is to consider and approve the quarterly accounts for the period ended September 30, 2025. The company has also declared a closed period for trading of its shares from October 23, 2025, to October 30, 2025, to comply with PSX regulations. This restricts Directors, CEOs, and Executives from dealing in the company’s shares during this time.
📌 Key Takeaways
- 🗓️ Board meeting scheduled for October 30, 2025, at 11:00 am in Lahore.
- ✅ Agenda: To consider and approve quarterly accounts for the period ended September 30, 2025.
- 🔒 Closed period declared from October 23, 2025, to October 30, 2025.
- 🚫 Restriction on trading: Directors, CEO, and Executives prohibited from trading shares during the closed period.
- 📜 Compliance: Closed period implemented as per PSX Regulations 5.6.1(d).
- 📢 TRE Certificate Holders: To be informed accordingly about the closed period.
- 🏢 Company: Ghazi Fabrics International Limited (GFIL).
- 📍 Location: Meeting to be held in Lahore.
- ✉️ Communication: Notice issued on October 22, 2025.
- 👨💼 Ahmad Rafi, Company Secretary, issued the notice.
🎯 Investment Thesis
Based on the limited information available in the announcement (a notification of a board meeting), a HOLD recommendation is appropriate. Further financial data and analysis from the quarterly accounts are needed to make a more informed investment decision. Price target and time horizon cannot be determined without further financial information.
Disclaimer: AI-generated analysis. Not financial advice.