Kohat Textile Mills to Conduct Postal Ballot Ahead of AGM

Karachi: In preparation for its upcoming Annual General Meeting (AGM) scheduled for October 25, 2024, Kohat Textile Mills Limited has released its postal ballot paper, set to be published on October 18, 2024. According to information available from the Pakistan Stock Exchange (PSX), this step is in compliance with Regulation 8 of the Companies (Postal Ballot) Regulations, 2018.

The publication of the postal ballot paper is a procedural requirement that allows TRE Certificate Holders and shareholders to participate in the decision-making process of the company without being physically present at the meeting. This method ensures that all shareholders have the opportunity to cast their votes on critical corporate resolutions and matters presented during the AGM.

The company has urged the TRE Certificate Holders of the Exchange to disseminate this information among investors to ensure robust participation and compliance with regulatory standards. The postal ballot is a critical element in fostering transparent and inclusive corporate governance practices at Kohat Textile Mills.