Karachi: Sunrays Textile Mills Ltd has initiated measures to enhance shareholder participation and accessibility in its upcoming Annual General Meeting (AGM) scheduled for October 20, 2025. The company has published a postal ballot and introduced an electronic voting system to facilitate informed decision-making among its stakeholders.
In line with the Companies (Postal Ballot) Regulations, 2018, Sunrays Textile Mills Ltd issued a postal ballot paper on October 19, 2025. This was disseminated through prominent dailies, “Business Recorder” and “Nawa-i-Waqt”, to ensure widespread shareholder awareness. Additionally, the ballot paper is accessible on the company’s official website, www.indus-group.com, providing ease of access for those unable to obtain it through traditional media.
The initiative marks the company’s commitment to compliance and transparency. By offering e-voting, Sunrays Textile Mills Ltd aligns with Regulation 4 of the Companies (Postal Ballot) Regulations, 2018, ensuring that eligible members can participate in the AGM proceedings regardless of their geographical location. This move reflects a notable shift towards embracing technology in corporate governance.
According to information available from the Pakistan Stock Exchange (PSX), Sunrays Textile Mills Ltd continues to engage its stakeholders actively. The provision of both postal and electronic voting facilities underscores the company’s strategic efforts to streamline shareholder engagement processes.
Shareholders and certificate holders of the exchange are encouraged to utilize these avenues to cast their votes and partake in the decision-making processes affecting the company’s future. This development is indicative of Sunrays Textile Mills Ltd’s broader strategy to enhance corporate governance and shareholder involvement.