Lahore: Zahidjee Textile Mills Limited has announced the convening of its 36th Annual General Meeting (AGM) to be held on Tuesday, October 28, 2025, at 3:00 p.m. The meeting will take place at the company’s office located at 131-A, Upper Mall, Lahore, and will address several significant agenda items.
The notice, which is to be published on October 7, 2025, in The Nation and Naw-e-waqat, outlines the ordinary business to be conducted during the AGM. This includes the confirmation of the minutes from the previous AGM held on October 26, 2024. Shareholders will also deliberate on the approval and adoption of the annual audited financial statements for the fiscal year ending June 30, 2025. These documents will be presented alongside the Chairman’s Review, and the Directors’ and Auditors’ Reports.
The appointment of auditors for the year ending June 30, 2026, is another key agenda item. The current auditors, RSM Avais Hyder Liaquat Nauman, Chartered Accountants, who are retiring, have expressed their willingness for reappointment.
According to information available from the Pakistan Stock Exchange (PSX), Zahidjee Textile Mills Limited operates within the designated market category. This classification provides essential context for stakeholders and potential investors in relation to the company’s financial performance and strategic direction.
Shareholders are advised that the company’s share transfer books will be closed from October 19, 2025, to October 26, 2025, for determining the entitlement to dividends and AGM participation. Transfers completed by October 18, 2025, will be recognized for these purposes.
In compliance with regulatory mandates, the Securities and Exchange Commission of Pakistan has prohibited the distribution of gifts during general meetings. Shareholders are encouraged to appoint proxies for voting if unable to attend, with submissions required 48 hours before the meeting.
The company has also reiterated the necessity for shareholders to submit valid CNIC copies to avoid dividend withholding under the Companies Act, 2017. Additionally, physical shares must be converted into book-entry form in line with regulatory requirements.
A video conference facility will be available for shareholders desiring remote participation, provided there is sufficient interest. This initiative aligns with modern corporate governance practices and aims to enhance shareholder engagement.