Karachi: Colony Textile Mills Limited has received approval from the Commission to extend the timeline for its Annual General Meeting (AGM) for the fiscal year ended June 30, 2026. The extension allows the company to convene the AGM by November 27, 2026, as per the directives under section 132 read with section 223 of the Companies Act, 2017.

The company had filed an application on October 7, 2026, seeking this extension. According to information available from the Pakistan Stock Exchange (PSX), the AGM will include the presentation of the annual audited financial statements for shareholder review. The extension provides additional time for Colony Textile Mills Limited to prepare and present its financial disclosures, ensuring compliance with regulatory requirements.

The decision underscores the regulatory framework's flexibility in accommodating company requests under specific conditions. This move is part of Colony Textile Mills Limited's efforts to align its financial reporting with shareholder expectations and statutory obligations.