Karachi: Zephyr Textiles Limited has scheduled an Extraordinary General Meeting (EOGM) for August 16, 2024, to discuss upcoming corporate actions, though no dividends or bonuses will be issued as per the agenda outlined for shareholder approval.

According to information available from the Pakistan Stock Exchange (PSX), the notice for the EOGM was sent to shareholders on July 25, 2024. In preparation for this meeting, the company will close its share transfer books from August 10 to August 16, 2024, encompassing both days inclusively.

The upcoming EOGM is expected to address strategic directions and other key corporate matters requiring shareholder input. The company has also requested that registration details of account holders and sub-account holders be updated promptly to ensure that all eligible participants are duly informed and can participate in the EOGM proceedings.

Zephyr Textiles is complying with regulations Nos. 12.1.1 and 12.4.1 of CDC Regulations in orchestrating these corporate actions, maintaining transparency and governance standards essential for shareholder confidence and regulatory compliance.