Lahore: Rupali Polyester Limited has announced the scheduling of its 46th Annual General Meeting (AGM), set to take place on Tuesday, 27 October 2026. The meeting will be held at Rupali House, located at 241-242 Upper Mall Scheme, Anand Road, Lahore, and is accessible both physically and via Zoom.

The meeting agenda includes a review and confirmation of the minutes from the previous AGM held on 27 October 2025. Additionally, the company plans to present and adopt its Annual Audited Financial Statements, along with the Directors and Auditors Reports for the fiscal year ending 30 June 2026.

In terms of corporate governance, the appointment and remuneration of the company's auditors will be addressed. The current auditors, M/s. RSM Avais Hyder Liaquat Nauman, Chartered Accountants, have expressed their willingness to continue in their role, having offered themselves for reappointment.

The meeting will also cover special business concerning transactions with associated companies. According to information available from the Pakistan Stock Exchange (PSX), Rupafil Limited, an associated company through common directorship, reported purchases amounting to Rs. 1.08 billion and sales totaling Rs. 1.40 billion. Payments made were Rs. 443.88 million, while receipts stood at Rs. 455.77 million.

In the financial dealings with Soneri Bank Limited, another associated company by common directorship, Rupali Polyester Limited received Rs. 5,692,000 as profit on bank deposits. Additionally, ALNU Trust, a related party due to major shareholding, extended a loan of Rs. 55 million to the company, with a repayment of Rs. 545 million noted.

The AGM will also seek to authorize the Chief Executive Officer to approve transactions with related parties for the upcoming year ending 30 June 2027. The meeting and its resolutions are pivotal for stakeholders as the company continues to navigate its financial and operational commitments.