Ali Asghar Textile Mills Limited held its 60th Annual General Meeting (AGM) on October 28, 2026, where several resolutions were passed regarding financial statements, auditor appointments, and related party transactions.
- Meeting Date: October 28, 2026
- Meeting Time: 11:00 a.m.
- Venue: Company's registered office and via video conference
- Resolutions Passed:
- Confirmation of minutes from the 59th AGM
- Adoption of audited financial statements for the year ended June 30, 2026
- Appointment of M/s. Reanda Haroon Zakaria Aamir Salman Rizwan & Company as auditors for FY 2027
- Ratification of related party transactions as disclosed in the financial statements
- Approval to enhance loan facility to Ellahi Capital (Private) Limited from PKR 400M to PKR 500M for three years
- Loan facility to carry a mark-up rate of 3% above three-month KIBOR or 1% above the average borrowing cost, whichever is higher
- Resolutions certified by Company Secretary Ms. Tasleem Khan