Lahore: The 51st Annual General Meeting of Jubilee Spinning and Weaving Mills Limited, held on October 25, 2024, in Lahore, was adjourned following a shareholder's demand for a poll. The shareholder, possessing more than a 10% stake in the company, invoked Sections 143 and 144 of the Companies Act, 2017, in conjunction with the Companies (Postal Ballot) Regulations, 2018. This request was accepted by the Chairman, necessitating the adjournment of the meeting to facilitate e-voting on the agenda items. The meeting is scheduled to reconvene on November 11, 2024, in Lahore.

According to information available from the Pakistan Stock Exchange (PSX), the adjournment and subsequent e-voting are measures taken to ensure compliance with statutory regulations and to accommodate the rights of significant shareholders. The TRE Certificate Holders of the exchange have been requested to be informed of this development.