Karachi: Towellers Limited has announced plans to hold its 53rd Annual General Meeting (AGM) on October 28, 2026, at its registered office located at W.S.A. 30-31, Block #1, Federal B Area, Karachi. The meeting is scheduled to commence at 3:30 p.m. and will also be accessible via a video link, ensuring wider participation.

According to the company's report dated October 1, 2026, the AGM notice is slated for publication in the combined editions of daily Business Recorder and Nai-Baat, spanning Karachi, Lahore, and Islamabad. The Share Transfer Books of Towellers Limited will remain closed from October 21 to October 28, 2026, inclusive of both dates. Transfers received by the close of business on October 20, 2026, at the Share Registrar, M/s THK Associates Pvt Ltd, located at Plot # 32-C Jami Commercial Street-2, D.H.A. Phase VII Karachi, will be considered valid for attending and voting at the AGM.

The agenda for the meeting includes the confirmation of the minutes from the previous AGM held on October 28, 2025, as well as the adoption of the audited financial statements for the fiscal year ending June 30, 2026. Additionally, shareholders will consider appointing auditors for the year ending June 30, 2027, and determining their remuneration.

This meeting comes at a time when Towellers Limited is aligning its corporate strategies with market dynamics. According to information available from the Pakistan Stock Exchange (PSX), the AGM announcement is a pivotal move, ensuring transparency and regulatory compliance.

Finally, the agenda also includes a provision for transacting any other business that may arise with the permission of the Chair, underscoring the company's commitment to addressing all relevant shareholder concerns.