Reliance Weaving Mills Board Meeting on Annual Financial Statements in Progress

Karachi: Reliance Weaving Mills Limited has announced that its Board of Directors is currently in session to consider and approve the annual audited financial statements for the fiscal year ending June 30, 2024.

The company’s board is in the process of reviewing financial results, which will include recommendations, if any, for the fiscal year. These statements will reflect the company’s financial health and operational performance over the past year. According to the announcement, any recommendations resulting from the meeting will be communicated on October 1, 2024, following the conclusion of the meeting, in accordance with Pakistan Stock Exchange (PSX) rules.

According to information available from the Pakistan Stock Exchange (PSX), this meeting is a critical juncture for Reliance Weaving Mills Limited, as the annual audited financial statements play a key role in guiding the company’s strategic decisions and investor relations for the upcoming fiscal year.

Stakeholders and TRE Certificate Holders of the Exchange have been notified, and further information is expected to be shared promptly once the board finalizes its discussions.