Faisalabad: AN Textile Mills Limited, formerly known as Ishaq Textile Mills Limited, has scheduled its 43rd Annual General Meeting (AGM) for October 28, 2024, at Faisalabad. The upcoming meeting marks a significant event in the company's calendar, slated to discuss several key items, including the adoption of the latest audited financial statements and the reappointment of auditors.
Members of AN Textile Mills will review and possibly ratify the minutes from the last Extra Ordinary General Meeting, which occurred on March 30, 2024. The primary focus of the gathering will be to receive, consider, and adopt the audited financial statements for the fiscal year ending June 30, 2024. These documents will be presented along with insights from the Chairperson’s review, Directors’ and Auditors’ reports, providing a comprehensive view of the company’s financial health and operational achievements over the past year.
Additionally, the meeting will address the appointment of the company’s auditors for the new fiscal year. The incumbent auditors, M/s Riaz Ahmad and Company, Chartered Accountants, have expressed their intent to continue in their role, pending approval from the shareholders. According to information available from the Pakistan Stock Exchange (PSX), this is a routine procedure, ensuring continuity and transparency in the company's financial oversight.
The AGM will also serve as a platform for discussing other business matters that may arise, subject to the Chair’s permission. This meeting not only highlights the fiscal and administrative priorities of AN Textile Mills Limited but also serves as a critical touchpoint for engaging with its stakeholders about the future directions and strategies of the business.