Lahore: Shams Textile Mills Limited has announced its 59th Annual General Meeting (AGM) to be held on Friday, October 23, 2026, at 10:00 A.M. The meeting will take place at the company's registered office, located at Tricon Corporate Centre, 8th Floor, 73-E, Main Jail Road, Gulberg II, Lahore.

The agenda for the AGM includes the adoption of the annual audited financial statements for the fiscal year ended June 30, 2026, along with the Directors' and Auditors' Reports, and the Chairman's Review Report. The shareholders will also deliberate on the reappointment of the retiring auditors, M/s. Riaz Ahmad & Company, Chartered Accountants, as recommended by the Audit Committee and the Board of Directors. Additionally, the meeting will address any other ordinary business of the company with the Chairman's permission.

In a special business session, the AGM will consider resolutions under Section 199 of the Companies Act, 2017, as advised by the Board of Directors. The resolutions may involve modifications, additions, or deletions as deemed necessary by the shareholders.

The company has announced the closure of its share transfer book from October 16, 2026, to October 23, 2026, inclusive. Share transfers received at the Share Registrar, Corptec Associates (Pvt.) Limited, in Lahore by the close of business on October 15, 2026, will be eligible for participation in the AGM.

According to information available from the Pakistan Stock Exchange (PSX), the company continues to prepare for the AGM amidst regulatory requirements and shareholder expectations. The AGM serves as a pivotal platform for stakeholders to engage with the company's management and discuss its future trajectory.

The designated market category for Shams Textile Mills is the textile sector, a vital component of the country's economy.