LAHORE: Shahzad Textile Mills Limited has scheduled its 46th Annual General Meeting (AGM) for shareholders on October 28, 2024, at Lahore and via video link.

The AGM will primarily focus on the adoption of the annual audited financial statements for the fiscal year ended June 30, 2024, along with the Directors’ and Auditors’ Report and the Chairman’s Review Report. These documents have been made available to shareholders for download through the company’s official website, as indicated by a weblink and QR code provided in the notice.

Further business includes the appointment and remuneration setting for the company’s auditors. The Board of Directors and the Audit Committee have endorsed the reappointment of M/s Crowe Hussain Chaudhry & Co., Chartered Accountants, as the company auditors for another term.

According to information available from the Pakistan Stock Exchange (PSX), the details of the financial statements and the auditors’ reappointment are significant as they reflect the company's compliance and transparency towards financial management and governance.

The notice stipulates that the AGM will address these key issues, underscoring Shahzad Textile Mills Limited's ongoing commitment to its shareholders and its adherence to corporate governance standards.