⚡ Flash Summary
Redco Textiles Limited has announced a board meeting scheduled for October 30, 2025, to review the quarterly accounts ending September 30, 2025. The announcement also declared a ‘closed period’ from October 23 to October 30, 2025, during which directors, CEOs, and executives are prohibited from dealing in the company’s shares. This restriction is in accordance with Clause 5.6.4 of PSX Regulations. The announcement was made to inform the Pakistan Stock Exchange and its members about the upcoming meeting and trading restrictions.
📌 Key Takeaways
- 🗓️ Board meeting scheduled for October 30, 2025, at 11:00 AM.
- 🏢 Meeting to be held at Redco Arcade, 78-E, Blue Area, Islamabad.
- 💰 Purpose: To consider quarterly accounts for the period ending September 30, 2025.
- 🔒 ‘Closed period’ declared from October 23 to October 30, 2025.
- 🚫 During the closed period, directors, CEOs, and executives are restricted from trading in the company’s shares.
- 📜 Restriction is under Clause 5.6.4 of PSX Regulations.
- 📢 Announcement intended to inform the Pakistan Stock Exchange and its members.
- ✉️ Communication issued by Muhammad Kashif, Company Secretary.
- 📍 Head office located at Redco Plaza, Islamabad.
- 🏭 Mills located in Rawat Kalar Sayedan Road, Rawalpindi.
- 🌐 Company website: www.redcotextiles.com
- 📞 Contact numbers provided for the head office and mills.
- 📧 Email addresses provided for sales and textile mills inquiries.
🎯 Investment Thesis
HOLD. Without current financial performance data, it is not possible to change my view. Wait for the announcement of the quarterly financial results to determine if a BUY/SELL is warranted.
Disclaimer: AI-generated analysis. Not financial advice.