Karachi: Indus Dyeing & Manufacturing Company Limited has announced that it will be holding its 69th Annual General Meeting on October 27, 2026, at its facility located in the Korangi Industrial Area of Karachi. The meeting, scheduled to commence at 4:00 P.M., will address a series of ordinary and special business matters.

The agenda for the meeting includes the confirmation of the minutes from the Extraordinary General Meeting held on June 15, 2026. Shareholders will also be asked to receive, approve, and adopt the audited consolidated and unconsolidated financial statements of the company for the fiscal year ending June 30, 2026. This will be accompanied by the Directors' and Auditors' Reports, as well as the Chairman's Review Report.

In compliance with Section 223 of the Companies Act, 2017, and pursuant to the S.R.O. 389(1)2023, the annual report of the company, including the financial statements and related reports, will be accessible online via a provided web link and QR code.

A key item for consideration is the appointment of Statutory Auditors for the year ending June 30, 2027. The Board of Directors, following a recommendation from the Audit Committee, has proposed the reappointment of the retiring auditors, Messer Yousuf Adil, Chartered Accountants.

Special business on the docket includes the ratification of transactions with related parties as disclosed in the financial statements for the year ended June 30, 2026. Shareholders will be asked to approve potential related party transactions for the fiscal year 2026-27 and authorize the Board of Directors to carry out such transactions at their discretion. Transparency measures stipulate that all such transactions should be presented to shareholders at the next Annual General Meeting for noting, ratification, or approval.

According to information available from the Pakistan Stock Exchange (PSX), the company has ensured compliance with regulatory standards in preparing for this meeting.

Additionally, any other business may be transacted with the permission of the chair during the meeting.