Lahore: Colony Textile Mills Limited has announced its upcoming Annual General Meeting (AGM) for the financial year that ended on June 30, 2024. The meeting is scheduled to take place on October 28, 2024Lahore.
The agenda for the AGM includes several key items, such as the confirmation of the minutes from the previous year's meeting held on October 27, 2023. Attendees will also review and potentially adopt the annual audited un-consolidated and consolidated financial statements of the company for the fiscal year ending June 30, 2024. These documents include directors' and auditors' reports.
Furthermore, the meeting will address the appointment of the company’s auditors and the determination of their remuneration for the upcoming fiscal year 2024-25. Any additional business that arises will be addressed with the permission of the Chair.
According to information available from the Pakistan Stock Exchange (PSX), the meeting's outcomes could significantly influence the company's financial and operational strategies going forward.