Karachi, In a pivotal turn of events, the 35th Annual General Meeting of Gadoon Textile Mills Limited, held on September 26, 2023, both at the Registered Office and via Video Link, saw the approval and adoption of critical resolutions concerning the company's financial outlook and auditor appointment.

Under the category of Ordinary Business, the following resolutions were passed:

Agenda Item 1: Annual Audited Financial Statements Approval

"RESOLVED THAT the Annual Audited Financial Statements of the Company for the year ended June 30, 2023, together with Chairman's Review, Directors' and Auditors' Reports thereon, be and are hereby approved and adopted."

This approval signifies the company's endorsement of its financial performance for the fiscal year ending June 30, 2023, and paves the way for transparency and accountability in its financial dealings.

Agenda Item 2: Appointment of Auditors

"RESOLVED THAT M/s. Yousuf Adil, Chartered Accountants, be and are hereby appointed as Auditors of the Company for the year ending on June 30, 2024."

The appointment of M/s. Yousuf Adil, Chartered Accountants, as the company's auditors for the fiscal year ending on June 30, 2024, reflects the company's commitment to ensuring the highest standards of financial auditing and reporting.

These resolutions, passed during the Annual General Meeting, underscore Gadoon Textile Mills Limited's dedication to upholding transparency and financial excellence as it continues to serve its stakeholders and maintain its standing in the textile industry.