Karachi: Din Textile Mills Limited has confirmed the minutes of its previous annual general meeting and adopted its audited financial statements for the fiscal year ending June 30, 2024, according to resolutions passed by the shareholders at the company's annual general meeting held on October 25, 2024, in Karachi and virtually via video link.

During the meeting, shareholders resolved to approve the minutes of the last annual general meeting held on October 27, 2023. The resolution confirmed that the minutes were accepted without objection.

The shareholders also reviewed and adopted the company's audited financial statements for the year ending June 30, 2024. The comprehensive financial package included the Statement of Financial Position, Statement of Profit or Loss and Other Comprehensive Income, Statement of Changes in Equity, and Statement of Cash Flows. These reports were accompanied by the Auditor's, Director's, and Chairman's Review Report. According to information available from the Pakistan Stock Exchange (PSX), the adoption of these documents was carried out in accordance with the company's established financial protocols.

Furthermore, the shareholders appointed Naveed Zafar Ashfaq Jaffery and Company Chartered Accountants as the auditors for the fiscal year ending June 30, 2025. The resolution also included the decision to fix the auditors' remuneration, ensuring that the auditing process aligns with corporate governance standards.

The meeting was conducted both in person at the company's headquarters in Karachi and virtually, allowing broader participation from stakeholders who preferred to attend remotely.