Islamabad: D.M. Corporation Ltd, formerly known as D.M. Textile Mills Ltd, has announced a change in the venue and time for its upcoming Extra Ordinary General Meeting (EOGM) due to unavoidable circumstances. Initially scheduled to take place at 9:00 a.m. on January 31, 2026, at Blue Lagoon, Masood Akhtar Kiyani Road, Rawalpindi, the meeting will now occur at 2:00 p.m. the same day at the ISE Board Room, Ground Floor, 55-B, ISE Tower, Jinnah Avenue, Islamabad.

The EOGM is notably set for the election of directors for the company, with seven individuals having submitted their candidacy for a three-year term starting February 1, 2026. The candidates are Mr. Mian Habib Ullah, Mr. Sami Ullah, Mr. Rao Khalid Pervaiz, Mr. Amer Zeb, Mrs. Riffat Habib, Mr. Shahid Anwar Tata, and Mr. Farooq Advani. Both Mr. Tata and Mr. Advani are standing as independent directors, selected under the criteria outlined in Section 166 of the Companies Act, 2017, with their details available in the databank of independent directors maintained by the Pakistan Institute of Corporate Governance.

According to the regulations, since the number of candidates does not exceed the number of director positions available, these individuals are set to be confirmed as directors at the upcoming EOGM. Therefore, they will assume their roles from the start of February 2026.

The election process and the company's compliance with the Companies Act, 2017, are of particular interest to stakeholders and members of the Pakistan Stock Exchange, where D.M. Corporation Ltd is listed. According to information available from the Pakistan Stock Exchange (PSX), such developments are crucial for investors monitoring corporate governance and leadership changes within listed entities.

Further details regarding the candidates, including their profiles, have been made accessible on the company's official website, ensuring transparency and informed decision-making by the shareholders.