Lahore: Sally Textile has announced its 57th Annual General Meeting (AGM), scheduled for Thursday, October 23, 2025, at 10:30 a.m. The meeting will take place at the company's registered office located at 2-S, Gulberg-11, Lahore. This annual event will address several pivotal agenda items concerning the company's operations and governance.

The primary business of the meeting will include the confirmation of the minutes from the 56th AGM held on October 28, 2024. Additionally, the company will present and adopt its financial accounts, along with the Directors' report for the fiscal year ending June 30, 2025. These documents are accessible to shareholders via the company's website, as per the requirements of section 223 of the Companies Act, 2017, and in compliance with the S.R.O 389/(1)/2023 issued on March 21, 2023.

A significant item on the agenda is the appointment of auditors for the financial year 2025-2026, along with the determination of their remuneration. The meeting will also consider any other matters that arise with the permission of the chair.

According to information available from the Pakistan Stock Exchange (PSX), Sally Textile operates within the designated market category, providing critical context for stakeholders evaluating the company's financial and strategic initiatives.

For logistical purposes, the company's share transfer books will remain closed from October 10, 2025, to October 23, 2025. Transfers received by the Share Registrar, M/S Corplink (Pvt) Ltd, by October 9, 2025, will be processed in time for the AGM. Members who have deposited their shares into the Central Depositary Company of Pakistan Limited should bring their participant ID number, CDC account or sub-account number, along with original identification documents, to attend the meeting.

Shareholders entitled to attend and vote at the meeting may appoint proxies. Proxy forms must be duly filled and received at the company's registered office no later than 48 hours before the meeting. Members are urged to notify any changes in their addresses promptly and are reminded to submit photocopies of their valid Computerized National Identity Cards (CNIC) to the Share Registrar.

The form of proxy is available for download on the company's website, ensuring accessibility and compliance with corporate governance standards.