Peshawar: Kohat Textile Mills Limited has announced that its 60th Annual General Meeting will be held on October 27, 2026, at 11:00 a.m. at the company's registered office at APTMA House Tehkal Payan, Jamrud Road, Peshawar. The meeting will cover several key agenda items, including the confirmation of the minutes from the previous meeting held on October 24, 2025.

The company will also present its annual audited financial statements for the year ending June 30, 2026, along with the Chairman's Review, Directors' Report, and Auditors' Report. A notable item on the agenda is the approval of a final cash dividend of 15%, translating to Re. 1.50 per share for the fiscal year ending June 30, 2026, as recommended by the Board of Directors.

Furthermore, the appointment of auditors for the upcoming fiscal year will be discussed. The Board, following the Audit Committee's recommendation, has proposed the re-appointment of M/s Shinewing Hameed Chaudhri & Co., Chartered Accountants, who have expressed their willingness to continue their role as external auditors for the year ending June 30, 2027.

In special business, shareholders will consider ratifying past and future transactions with related parties as part of the company's routine operations. This includes the authorization to share administrative expenses with associated companies such as M/s Saif Textile Mills Limited. The Chief Executive of Kohat Textile Mills is empowered to approve these transactions for the fiscal year ending June 30, 2027.

According to information available from the Pakistan Stock Exchange (PSX), the textile sector, including companies like Kohat Textile Mills Limited, plays a significant role in the market's performance metrics. The PSX's data underscores the importance of these annual meetings in shaping company policies and financial strategies.

The meeting will also address any additional business matters with the Chair's permission, ensuring comprehensive coverage of the company's operational and strategic initiatives.