Faisalabad: J. A. Textile Mills Limited has announced the scheduling of its Annual General Meeting, set to take place on October 28, 2026, at 9:00 AM. The meeting will be held at the company's registered office, JK House, located on Susan Road, Madina Town, Faisalabad. The agenda for this meeting includes several significant points of business.
On the agenda is the confirmation of the minutes from the previous Annual General Meeting held on October 28, 2025. Additionally, shareholders will receive, consider, and adopt the audited accounts of the company for the fiscal year ending June 30, 2026, along with the accompanying Directors' and Auditor's reports.
A crucial item for discussion will be the appointment of auditors for the upcoming financial year ending June 30, 2027. The company has received a notice proposing M/s. Kreston Hyder Bhimji & Co., Chartered Accountants, as the auditors for the next year.
Among the special business to be addressed, shareholders will consider passing resolutions aimed at modernizing the dissemination of the company's financial information. In line with the Securities and Exchange Commission of Pakistan's notification S.R.O. 389(1)/2023, the company proposes to circulate its annual audited financial statements to shareholders via a QR-enabled code and a weblink, thereby discontinuing the practice of sharing these documents on CDs.
"RESOLVED THAT subject to passing of a resolution of J. A. Textile Mills Limited ("Company") by way of simple majority, permission and approval to the Company be and is hereby accorded for circulation of annual audited financial statements to members through QR enabled code and weblink within and as a part of the notice of general meeting, in line with Securities and Exchange Commission of Pakistan notification number S.R.O. 389(1)/2023, and as a consequence thereof, the practice of circulation of annual audited financial statements through CD be discontinued."
Further resolutions emphasize the company's commitment to adhering to all applicable laws and regulations regarding the transmission of notices for general meetings and the circulation of annual reports, as stipulated by the Securities and Exchange Commission Notification dated March 21, 2023.
The meeting will also entertain any other business as permitted by the chair, ensuring comprehensive coverage of all pertinent issues facing the company.
According to information available from the Pakistan Stock Exchange (PSX), J. A. Textile Mills Limited is categorized under the designated market category for industrial and textile sectors.