Karachi: Sunrays Textile Mills Limited has scheduled its 33rd Annual General Meeting (AGM) to be held at its Karachi premises on October 28, 2024. The meeting will address key financial and operational evaluations, including the appointment of statutory auditors and the examination of financial statements for the year ended June 30, 2024.
The AGM is set at Korangi Industrial Area, where shareholders will confirm the minutes of the previous meeting held on October 27, 2023. One of the primary agendas includes the adoption of both the audited consolidated and unconsolidated financial statements of the year, as well as the review of directors' and auditors' reports.
In accordance with regulatory requirements, these documents have been made available in advance through the company's dedicated web link. Additionally, the meeting will see the nomination of Messers Yousuf Adil, Chartered Accountants, as the statutory auditors for the fiscal year ending on June 30, 2025. Their remuneration will also be fixed during this session.
According to information available from the Pakistan Stock Exchange (PSX), these appointments and financial disclosures are critical for maintaining transparency and compliance with corporate governance standards. Further details about the AGM and related reports can be accessed through the company's financial information portal.
This announcement was also published in prominent local newspapers "Business Recorder" and "Nawa-i-Waqt" on October 06, 2024, ensuring that stakeholders are well-informed of the upcoming corporate decisions. This strategic communication aligns with regulatory practices and supports shareholder engagement.