Lahore: Shareholders of Jubilee Spinning & Weaving Mills Ltd convened on October 23, 2025, to pass significant resolutions during their annual meeting. The assembly, which took place in Lahore, resulted in the approval and adoption of the company's audited accounts for the fiscal year ending June 30, 2025.

The majority of shareholders voted in favor of the audited financial statements, including the accompanying Directors' and Auditors' Reports. This approval marks a pivotal step in the company's fiscal management for the year.

In a related resolution, the shareholders also re-appointed M/s. Junaidy Shoaib Asad, Chartered Accountants, as auditors for Jubilee Spinning & Weaving Mills Ltd. The appointment will last until the conclusion of the next Annual General Meeting. The decision regarding the auditors’ remuneration will be determined by the Chief Executive Officer.

According to information available from the Pakistan Stock Exchange (PSX), Jubilee Spinning & Weaving Mills Ltd falls under the textile sector in the designated market category. This move, approved by a majority, aims to ensure the continuity of financial oversight and strategic direction for the company in the upcoming fiscal year.