Fazal Cloth Mills Limited has announced the details for its 61st Annual General Meeting (AGM) scheduled for October 28, 2026, where shareholders will discuss key business matters including financial statements and dividend approvals.
- Meeting Details:
- Type: Annual General Meeting (AGM)
- Date: October 28, 2026
- Time: 11:30 a.m.
- Venue: E-110, Khyaban-e-Jinnah Defence Mor, Lahore, with a video conferencing option available.
- Agenda Items:
- Confirmation of minutes from the previous EGM held on June 2, 2026.
- Adoption of the Annual Audited Financial Statements for the year ended June 30, 2026.
- Approval of a final cash dividend of 150% (PKR 15 per share).
- Appointment of auditors for the year ending June 30, 2027, with the current auditors recommended for reappointment.
- Ratification of related party transactions for the year ended June 30, 2026, and authorization for the Chief Executive to approve future related party transactions.
- Closure of Share Transfer Books:
- From October 22, 2026, to October 28, 2026 (both days inclusive).
- Voting:
- E-voting will be available from October 22, 2026, to October 28, 2026, until 11:00 a.m.
- Postal ballot options are also provided for special business resolutions.