Intimation of Closure of trading window for board meeting dtd 15th May, 2025 - To take note of Audited Financial Result for the Quarter and year ended 31/03/2025. Kindly take note of the same.
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Awaiting price reaction for this filing.
Minaxi Textiles Limited has informed BSE about the closure of the trading window ahead of its board meeting scheduled on Thursday, 15th May 2025 at 3:00 PM at the registered office in Chhatral, Gujarat. The board will consider and approve the Audited Financial Results for the quarter and full financial year ended 31st March 2025. The trading window has been closed for all designated persons and their immediate relatives since 1st April 2025 and will remain closed until 48 hours after the results announcement, i.e., up to 17th May 2025. This is a standard compliance filing under SEBI (Prohibition of Insider Trading) Regulations, 2018, as per BSE Circular LIST/COMP/01/2019-20. The intimation is signed by Managing Director Dineshkumar P. Patel (DIN: 02268757).
This is a routine regulatory compliance filing and not an actual insider trade. Shareholders should look out for the audited FY25 results announcement on 15th May 2025, which could influence the stock price. The trading window closure ensures insiders cannot trade ahead of results, protecting retail investors from information asymmetry.