Ellcot Spinning Mills Limited held its Annual General Meeting (AGM) on October 28, 2026, where several key resolutions were passed.
- Agenda included the adoption of the audited financial statements for the year ended June 30, 2026.
- Approved final cash dividend of PKR 6.50 per ordinary share, representing a 65% payout.
- Re-appointed M/s. Rahman Sarfraz Rahim Iqbal Rafiq as auditors for the financial year ending June 30, 2027.
- Ratified transactions with related parties for the year ended June 30, 2026, and authorized the Board to approve future related party transactions.
- No book closure dates for voting entitlement were mentioned.