Karachi: Feroze1888 Mills Limited has officially scheduled its 54th Annual General Meeting (AGM) to take place on Tuesday, October 27, 2026, at 4:00 p.m. The meeting will be hosted at C-3, SITE, Karachi, with an option for attendance via video link. The AGM aims to address several critical business agenda items.

The Company has outlined its ordinary business, including the reception, consideration, and adoption of the Annual Audited Financial Statements for the fiscal year ending June 30, 2026. Accompanying these financial statements will be the Chairman's Review, Directors', and Auditors' reports, which will be discussed and adopted by the members.

A significant point of discussion will be the appointment of statutory auditors for the upcoming fiscal year ending June 30, 2027. The current auditors, M/s. Grant Thornton Anjum Rahman, Chartered Accountants, have completed their term but are eligible for reappointment and have expressed willingness to continue their duties.

The AGM will also cover special business, notably the ratification of an additional audit fee amounting to Rs. 500,000. This fee, charged by M/s. Grant Thornton Anjum Rahman for the audit of the consolidated financial statements for the fiscal year ending June 30, 2026, has been recommended by the Board of Directors and will be presented for approval through an ordinary resolution.

According to information available from the Pakistan Stock Exchange (PSX), the meeting will consider any other business as permitted by the Chair, allowing members to engage in discussions beyond the pre-set agenda.

The notice specifies that a statement under Section 134(3) of the Companies Act, 2017, detailing material facts relevant to the special business, is annexed for transparency and informed decision-making during the meeting. Attendees and stakeholders are encouraged to review these documents in preparation for the AGM.