Karachi: Ideal Spinning Mills Limited has announced it will hold its 36th Annual General Meeting (AGM) on October 28, 2024, at Karachi. Where shareholders are invited to participate both in-person and through a video facility, with details on the virtual participation process provided later in the notes.

The agenda for the upcoming meeting includes the confirmation and consideration of the last Annual General Meeting's minutes, which was held on October 28, 2023. Shareholders will also review and adopt the audited financial statements for the fiscal year ended June 30, 2024, alongside the reports of the directors and auditors. According to information available from the Pakistan Stock Exchange (PSX), the meeting will further address the appointment of auditors for the ensuing year and determine their remuneration, in addition to any other business as permitted by the chair.

The engagement of shareholders through a video facility reflects the company's ongoing commitment to accessibility and inclusivity, ensuring that all registered shareholders have the opportunity to participate and contribute to the discussions regarding the company's future and oversight.