Lahore: Sally Textile Mills Limited has scheduled its 56th Annual General Meeting (AGM) for October 28, 2024. The meeting will be held at Lahore. The agenda includes the confirmation of minutes from the previous AGM, adoption of the annual accounts along with the directors' report for the fiscal year ended June 30, 2024, appointment of auditors, and the discussion of other business as permitted by the chair.

The AGM will follow up on the proceedings from the last meeting held on October 25, 2023. This upcoming meeting will also address the compliance with the Companies Act, 2017, specifically referencing the S.R.O 389(I)/2023 issued on March 21, 2023. According to information available from the Pakistan Stock Exchange (PSX), stakeholders can access the financial statements on the company's website through the provided link, enhancing transparency and accessibility.

One of the key items on the agenda is the appointment of auditors for the 2024-2025 financial year and the fixation of their remuneration. This aligns with the company’s ongoing efforts to maintain rigorous financial oversight and reporting practices.

The AGM represents an essential aspect of Sally Textile Mills' governance, allowing shareholders to directly engage with the management on critical corporate decisions and oversight.