Karachi: Gulistan Textile Mills Limited, during its Annual General Meeting held on October 28, 2026, approved key resolutions concerning the company’s financial oversight and future audit plans.

The company’s shareholders ratified the Annual Audited Accounts for the fiscal year ending June 30, 2026. This approval includes the Directors' and Auditors' Reports, which were presented at the meeting. The decision aligns with the company’s commitment to maintain transparency in its financial dealings.

Additionally, the meeting concluded with the appointment of M/s Malik Haroon Ahmad & Co as the company’s auditors for the next fiscal year ending June 30, 2027. The professional fee for this engagement will be determined by the company's Chief Executive.

According to information available from the Pakistan Stock Exchange (PSX), decisions such as these are crucial for maintaining investor confidence and ensuring compliance with corporate governance standards in the designated market category.

The resolutions from the meeting underscore Gulistan Textile Mills Limited's dedication to upholding rigorous standards in financial reporting and accountability.