Lahore: Rupali Polyester Limited has announced the agenda for its 46th Annual General Meeting (AGM), scheduled to convene on Tuesday, October 27, 2026, at 10:30 a.m. The meeting will take place at Rupali House, located at 241-242 Upper Mall Scheme, Anand Road, Lahore, with provisions for both physical and virtual attendance via Zoom.

The agenda includes the confirmation of minutes from the previous AGM held on October 27, 2025, and the appointment of auditors for the upcoming year. The retiring auditors, M/s. RSM Avais Hyder Liaquat Nauman, Chartered Accountants, have expressed their willingness to be reappointed.

A notable item under special business is the ratification of transactions conducted with associated companies for the financial year ended June 30, 2026. The transactions include purchases amounting to Rs. 1.08 billion and sales totaling Rs. 1.40 billion with Rupafil Limited, an associated company through common directorship. Payments and receipts associated with Rupafil Limited were recorded at Rs. 443.88 million and Rs. 455.77 million, respectively. Additionally, Soneri Bank Limited, another associated company, reported Rs. 5,692 in profit on bank deposits. ALNU Trust, a related party through major shareholding, facilitated a loan of Rs. 55,000 while receiving a repayment of Rs. 545,000.

According to information available from the Pakistan Stock Exchange (PSX), the transactions with these associated companies require ratification and approval by the shareholders. The Chief Executive Officer of Rupali Polyester Limited seeks authorization to approve related party transactions for the year ending June 30, 2027, with subsequent shareholder ratification in the next AGM.

The AGM will also address any other ordinary business that may arise, subject to the chair's discretion. The meeting is of particular interest to stakeholders in the designated market category of textiles and manufacturing, as it outlines the company's financial engagements and governance measures.