Lahore: Chakwal Spinning Mills Ltd held its 38th Annual General Meeting on Tuesday, October 28, 2025, at its registered office in Lahore, where significant resolutions were passed, including the approval of financial statements and the reappointment of auditors.

During the meeting, shareholders approved the minutes of the Extraordinary General Meeting (EOGM) held on March 04, 2025, which were subsequently signed by the Chairman as a token of approval. The audited financial statements for the fiscal year ending June 30, 2025, along with the Chairman’s Review, Auditors’ Report, and Directors’ Reports, were also approved and adopted.

Additionally, it was resolved that any amendments, modifications, additions, or deletions suggested by shareholders, the Securities and Exchange Commission of Pakistan (SECP), or any other regulatory body would be incorporated into the resolutions without necessitating a fresh vote from the shareholders.

In a key decision, M/s. Saeed-Ul-Hassan & Co., Chartered Accountants, were reappointed as auditors for the upcoming fiscal year ending June 30, 2026. The Chief Executive was granted authorization to determine their remuneration, reinforcing the company’s commitment to robust financial oversight.

According to information available from the Pakistan Stock Exchange (PSX), the meeting was part of Chakwal Spinning Mills Ltd’s ongoing efforts to maintain transparency and adhere to regulatory requirements within the textile sector’s designated market category.