Faisalabad: J.A. Textile Mills Limited has announced that its Annual General Meeting (AGM) will take place on October 28, 2025, at 09:00 AM at its registered office in Faisalabad. This meeting will cover several key business items, including the adoption of audited accounts and the appointment of auditors for the upcoming fiscal year.
The AGM will aim to confirm the minutes from the previous Extraordinary General Meeting held on November 30, 2024. Shareholders will also review and consider the audited financial statements for the fiscal year ending June 30, 2025, alongside the accompanying reports from the Directors and Auditors.
A significant agenda item involves the appointment of auditors for the fiscal year ending on June 30, 2026. The current auditors, M/s. Arshad Raheem & Co., will be retiring, and the Board of Directors has recommended M/s. Kreston Hyder Bhimji & Co. for the position.
In a move to enhance accessibility, the company is proposing a resolution to circulate annual audited financial statements via QR code and weblink. This proposal aligns with the Securities and Exchange Commission of Pakistan’s notification and aims to replace the practice of distributing these documents through CDs.
According to information available from the Pakistan Stock Exchange (PSX), J.A. Textile Mills Limited operates within the textile industry, which is a significant segment of the market. The company has emphasized compliance with all legal requirements related to this transition, ensuring that shareholder rights remain unaffected.
The share transfer books will be closed from October 21 to October 28, 2025, with transfers received by the close of business on October 20 being accepted. Shareholders are reminded of their rights to appoint proxies and are advised to submit proxy forms at least 48 hours before the meeting.
The AGM will also address any other business with the chairman’s permission. Shareholders are encouraged to provide their CNIC or Passport for identification purposes and are reminded of the SECP’s directives regarding the provision of CNIC numbers on dividend warrants.
For those preferring digital correspondence, the company offers an option to receive notices and financial statements via email, aligning with SECP’s guidelines. Members are invited to submit their consent and valid email address to the company’s Share Registrar.
The meeting will accommodate online participation through a video conference facility, contingent upon sufficient shareholder interest and the availability of such technology in the respective city. Members wishing to utilize this facility must submit their request in advance.