Karachi: Nadeem Textile Mills Limited has announced the upcoming 40th Annual General Meeting, scheduled to take place on November 27, 2026, at the company's registered office in Karachi. Shareholders and stakeholders are invited to attend the meeting which will commence at 9:00 a.m.

The meeting's agenda includes confirming the minutes from the Extraordinary General Meeting held on March 24, 2026. Additionally, the company will present its audited financial statements for the year ending June 30, 2026, along with accompanying reports from directors, auditors, and the chairman for consideration and adoption.

One of the key items on the agenda is the appointment of external auditors for the next fiscal year ending June 30, 2027. The shareholders will also deliberate on fixing the remuneration for the appointed auditors.

In special business, the meeting will address the ratification of transactions with related parties, as outlined in the financial statements for the year ended June 30, 2026. This includes a resolution to approve transactions with Nadeem International (Pvt.) Ltd. and company directors.

The resolution further authorizes the company to engage in various transactions with related parties throughout the financial year 2026-27. These transactions may involve the sale and purchase of yarn, cotton, fiber, machinery, and equipment, as well as the lease of assets and other necessary goods. Additionally, financial dealings such as loans with related parties will be discussed.

According to information available from the Pakistan Stock Exchange (PSX), Nadeem Textile Mills Limited is categorized under the textile sector. The upcoming meeting will also consider any other business matters that may arise with the chairman's permission.

The meeting offers an opportunity for shareholders to engage with the management on the company's strategic direction and financial performance.