Faisalabad: J.A. Textile Mills Limited has announced its Annual General Meeting (AGM) to be held on October 28, 2024, at Faisalabad, to discuss the company’s performance and strategic decisions for the upcoming fiscal year. The meeting is set to confirm the minutes of the last AGM held on October 26, 2023, and will feature a review of the audited accounts for the year ended June 30, 2024.

During the AGM, shareholders will be presented with the company’s financial statements and the auditor’s report. Additionally, a key agenda item will be the appointment of Ashrad Rafeeq as the new auditor for the year. The resolution of circulating the annual audited financial statements by QR code and website linkage will also be considered, aimed at enhancing transparency and accessibility for shareholders.

According to information available from the Pakistan Stock Exchange (PSX), the meeting will address compliance with Securities and Exchange Commission of Pakistan notifications and standards. This includes the adoption of resolutions to ensure the company meets all regulatory requirements throughout the fiscal year.

Further business to be transacted with the permission of the chair includes discussions on operational and financial strategies to navigate the current market conditions. The meeting notes encourage all shareholders to participate actively in the voting process, either in person or by proxy, to shape the future of the company.