Salman Noman Enterprises Seeks Extension for AGM and Financial Reporting

Lahore: Salman Noman Enterprises Ltd. has officially requested an extension for conducting its Annual General Meeting (AGM) and submitting its annual and first-quarter financial accounts, as detailed in an announcement released on October 1, 2026. The company, located at 41-L, Gulberg-III, Lahore, has cited temporary operational closure and limited staffing as the primary reasons for the delay in finalizing its financial audit.

The request indicates that the company seeks a 30-day extension under Section 132 of the Companies Act 2017 for holding the AGM, initially required to be conducted by November 27, 2026, as well as for the submission of the annual accounts for the fiscal year 2025-26 under Section 223 of the same act. Additionally, Salman Noman Enterprises has petitioned for a similar extension for filing its first-quarter accounts for the year 2026-27 under Section 237.

According to information available from the Pakistan Stock Exchange (PSX), the company's last AGM took place on October 28, 2025. The firm has assured that necessary documentation, including a paid challan of Rs. 16,000 and a letter from its auditors, M/S Mushtaq & Co. Chartered Accountants, accompanies the application. The existing operational constraints have necessitated this request, as only a skeletal workforce remains active, rendering timely audit completion unfeasible.

The company’s registration number is h-236/8972 of 1985, with a CUIN of 0013708. Salman Noman Enterprises has expressed appreciation for swift cooperation from the relevant authorities to facilitate this extension request, ensuring compliance with regulatory requirements despite the current operational limitations. The designated market category remains unchanged, reflecting the company's status and operational scope within the broader market.