Karachi: Dewan Textile Mills Limited has announced that it will host its 55th Annual General Meeting (AGM) on October 24, 2024. The meeting, set to take place at the Dewan Cement Limited Factory Site in Deh Dhando, Dhabeji, District Malir, Karachi, is expected to draw significant attention from shareholders and industry stakeholders.

According to information available from the Pakistan Stock Exchange (PSX), the AGM will address several key items on its agenda, reflecting the company's commitment to transparency and rigorous corporate governance. The primary focus will be on reviewing and adopting the audited financial statements for the fiscal year ended June 30, 2024.

The meeting will also confirm the minutes of the last AGM held on October 26, 2023, ensuring continuity in corporate procedures and adherence to regulatory requirements. Additionally, shareholders will deliberate on the final approval of the statutory auditors’ appointments and their remuneration for the upcoming fiscal year.

The AGM will also provide an opportunity for shareholders to consider other business matters that require approval from the board, allowing for a comprehensive discussion on the company’s future direction and strategy.

The notice for the AGM has been issued well in advance to ensure all shareholders have the opportunity to participate. The meeting is part of Dewan Textile Mills' ongoing efforts to engage its investors actively and uphold high standards of corporate governance.