Quetta Textile Mills Limited Adopts Key Resolutions at Annual Meeting

Karachi: Quetta Textile Mills Limited has officially adopted several key resolutions during its recent Annual General Meeting, marking significant decisions regarding its operational and financial governance. The meeting, held on January 26, 2026, underscored the company's commitment to maintaining transparency and continuity in its financial practices.

During the session, the minutes from the 65th Extraordinary General Meeting, conducted on January 23, 2026, received confirmation and approval. This resolution highlights the company's adherence to maintaining a record of its decision-making processes and ensuring that previous meetings' resolutions are acknowledged and ratified.

A notable resolution involved the adoption of the annual audited accounts for the fiscal year ending June 30, 2025. Members approved the financial statements along with accompanying Directors', Chairman, and Auditors' Reports. This approval signifies the shareholders' confidence in the company's financial health and reporting accuracy, ensuring that the stakeholders are well-informed of the company's fiscal standing.

In another resolution, the reappointment of J.A.S.B & Associates, Chartered Accountants, as external auditors for the upcoming financial year ending June 30, 2026, was confirmed. The remuneration for the audit services was also approved as recommended by the Board of Directors, reinforcing the company's commitment to consistent and reliable financial auditing practices.

According to information available from the Pakistan Stock Exchange (PSX), these resolutions align with the regulatory requirements and operational standards expected of publicly listed companies within the designated market category. The resolutions adopted reflect Quetta Textile Mills Limited's strategic direction and ongoing commitment to corporate governance and financial integrity.