Karachi: Quetta Textile Mills Limited has formally requested an extension from the Securities and Exchange Commission of Pakistan (SECP) to hold its Annual General Meeting (AGM), initially scheduled on or before October 27, 2026. This request, dated October 1, 2026, comes as the company remains in the process of finalizing its statutory audit for the financial year ending June 30, 2026.
In accordance with Section 132 and 233 of the Companies Act, 2017, the textile firm has cited ongoing audit procedures and pending confirmations as the primary reasons for the delay. These steps are crucial for the preparation of the audited financial statements, which must be presented to shareholders at the AGM.
The company last conducted its AGM on January 26, 2026, and is now seeking a two-month extension to complete its audit. This extension aims to ensure compliance with regulatory requirements and to facilitate the presentation of duly audited financial statements to its members.
According to information available from the Pakistan Stock Exchange (PSX), Quetta Textile Mills Limited has not reported any recent market activity requiring classification. The company, registered under number 0003272, maintains its registered address at Ground Floor, Nadir House, I.I. Chundrigar Road, Karachi, Sindh, Pakistan.
The company's last audited balance sheet, along with Form A covering the year 2025, is attached to the extension request. Quetta Textile Mills Limited is part of the textile industry, a key sector in Pakistan’s economy.