Karachi: Indus Dyeing and Manufacturing Company Limited has issued details regarding the availability of electronic voting and postal ballots for its Annual General Meeting (AGM) scheduled for October 28, 2024. The company has complied with the Companies (Postal Ballot) Regulations, 2018, ensuring that shareholders can participate in the decision-making process conveniently.

The postal ballots were made available following an announcement on October 4, 2024, and have been published in both the "Daily Business Recorder" and "Nawa-i-Waqt" on October 15, 2024. According to information available from the Pakistan Stock Exchange (PSX), these documents outline several resolutions to be discussed at the upcoming AGM, including ratification of transactions with related parties and authorization of the Board of Directors to utilize specific reserves during the fiscal year 2024-2025.

Indus Dyeing's commitment to compliance and shareholder inclusivity is evident as they also provide an e-voting facility, aligning with Regulation 4 of the Companies (Postal Ballot) Regulations, 2018. This modern approach facilitates broader shareholder participation, ensuring that even those unable to attend the meeting physically can have their votes counted.

The detailed ballot paper is also available on the company's website, providing transparency and easy access for shareholders to review the agenda and cast their votes. This initiative is part of Indus Dyeing’s ongoing efforts to enhance corporate governance and shareholder engagement.