Lahore: Fazal Cloth Mills Limited has issued a notice for its 60th Annual General Meeting (AGM) to be held on October 25, 2025. This announcement was made public today, with the meeting scheduled to take place at the company's FG Head Office in Lahore at 12:00 p.m.

The agenda for this year's AGM includes the adoption of the audited financial statements for the fiscal year ending June 30, 2025, along with accompanying reports from the auditors, directors, and the chairman. The financial documents have been made available on the company's website for review.

According to information available from the Pakistan Stock Exchange (PSX), the members' register and share transfer books will be closed from October 18, 2025, to October 25, 2025. This period is set to allow for the processing of any physical transfers or Central Depository System (CDS) Transaction IDs received by the company's share registrar, Vision Consulting Ltd, by the close of business on October 17, 2025.

The notice further details the procedure for appointing proxies and participating in the meeting via video conferencing. Members are encouraged to register for the video link facility by October 17, 2025, through the provided contact information.

In addition to the AGM, the company is offering electronic voting and postal ballot options for special business matters. Members can cast their votes electronically between October 22, 2025, and October 24, 2025. Alternatively, postal ballots must be submitted by October 24, 2025, to be considered valid.

Fazal Cloth Mills Limited has also reminded shareholders to update their bank account details for e-dividend mandates and to convert their physical shares into book-entry form, as mandated by the Companies Act, 2017.

The company will not distribute gifts at the AGM, in compliance with the Companies Act, 2017. The meeting notice has been published in The Nation and Nawa-i-Waqt newspapers for wider dissemination among stakeholders.

The AGM will address several key transactions with related parties, which were conducted at arm's length and in the ordinary course of business. These transactions include significant dealings with entities such as Fatima Fertilizer Company Ltd, Fatima Energy Limited, and Ahmed Fine Textile Mills Limited, among others.