Karachi: The Gulistan Spinning Mills Limited has announced the convening of its Annual General Meeting slated for October 28, 2025, at 11:30 a.m. The meeting is set to take place at the 2nd Floor, Finlay House, I.I. Chundrigar Road, Karachi, and is expected to address several key issues pertinent to the company’s operations and governance.

The agenda for the meeting includes the confirmation of the minutes from the previous Annual General Meeting, the review and adoption of the audited financial statements for the fiscal year ending June 30, 2025, alongside the Directors’ and Auditors’ Reports. Furthermore, the assembly will deliberate on the appointment of auditors for the upcoming financial year 2025-2026. The current auditors, M/s Malik Haroon Ahmad & Co Chartered Accountants, have expressed their willingness for reappointment.

According to information available from the Pakistan Stock Exchange (PSX), stakeholders have been informed that the company’s share transfer books will be closed from October 21 to October 28, 2025, during which no share transfers will be registered. This measure is in place to facilitate a smooth process for shareholders eligible to vote at the meeting.

Shareholders are reminded that they may appoint a proxy to attend and vote in their stead, provided the proxy form is submitted no later than 48 hours before the meeting. Additionally, CDC account holders are required to present their CNIC, participant ID, and account number for identification purposes. Corporate entities must provide a certified Board of Directors resolution or valid power of attorney.

The company encourages members wishing to participate via video link to register by October 22, 2025, by providing their details through the designated email address. Any changes in members’ addresses should be promptly reported to the company’s Shares Registrar, M/s Hameed Majeed Associates (Pvt) Limited, located at Karachi Chamber, Hasrat Mohani Road, Karachi.

This announcement forms a critical juncture as the company prepares to review its financial health and operational strategies in the coming fiscal year, ensuring transparency and shareholder engagement in its governance practices.