Arctic Textile Mills Limited Concludes 41st Annual General Meeting with Key Resolutions

Faisalabad: Arctic Textile Mills Limited successfully concluded its 41st Annual General Meeting on Tuesday, October 27, 2026, at the company's registered office on Jail Road, Faisalabad. The meeting commenced at 11:30 a.m., with members passing several resolutions concerning ordinary business matters.

The meeting began with the confirmation of the minutes from the previous Extra-Ordinary General Meeting held on July 11, 2026. The minutes were approved, ensuring that the records of past proceedings were accurately maintained and endorsed.

The shareholders then proceeded to receive and approve the Annual Audited Financial Statements for the fiscal year ending June 30, 2026. These statements, which included the Auditors' Report, Directors' Report, and Chairman's Review Report, were presented to members and subsequently adopted.

In another agenda item, Arctic Textile Mills Limited reappointed M/s Riaz Ahmad & Company, Chartered Accountants, as the Statutory Auditors for the forthcoming year ending June 30, 2027. The decision to retain the existing auditors, who offered themselves for reappointment, was made with the remuneration fixed by the Board of Directors.

According to information available from the Pakistan Stock Exchange (PSX), Arctic Textile Mills Limited remains a noteworthy entity within its designated market category, maintaining its operational and financial protocols through the resolutions passed during the meeting.