⚡ Flash Summary
Itanz Technologies Limited (formerly Zahur Cotton Mills Limited) has announced a board meeting to be held on October 27, 2025, in Lahore. The purpose of the meeting is to consider and approve the annual audited accounts along with the auditor’s report for the year ended June 30, 2025. The company has also declared a “Closed Period” from October 21, 2025, to October 27, 2025, during which no Director, CEO, or Executive shall deal in the shares of the Company. This announcement was made on October 20, 2025, and submitted to the Pakistan Stock Exchange.
📌 Key Takeaways
- 🗓️ Board meeting scheduled for October 27, 2025.
- 🏢 Meeting will be held in Lahore at 623-B, PCSIR-II at 03:30 pm.
- ✅ Agenda: Approval of annual audited accounts.
- 📅 Accounts pertain to the year ended June 30, 2025.
- 🔒 “Closed Period” declared from October 21-27, 2025.
- 🚫 Restriction on trading by Directors, CEO, and Executives during the closed period.
- 📜 Compliance with PSX Rule Book Clause 5.6.1 (d).
- 📢 PSX requested to inform TREC holders.
🎯 Investment Thesis
Given the limited information available, a HOLD recommendation is appropriate. This is because the announcement doesn’t provide any new insights into the company’s financial performance or strategic direction. Further analysis would be needed to justify a BUY or SELL recommendation.
Disclaimer: AI-generated analysis. Not financial advice.