Premium Textile Mills Limited held its Annual General Meeting (AGM) on October 9, 2026, where several key resolutions were passed.
- AGM held on October 9, 2026.
- Minutes of the previous AGM (October 28, 2025) confirmed.
- Audited Financial Statements for the year ended June 30, 2026 adopted.
- Final cash dividend of PKR 15.00 per share (150%) approved for members on record as of October 1, 2026.
- Re-appointment of M/s Rahman Sarfaraz Rahim Iqbal Rafiq Chartered Accountants as auditors for the year ending June 30, 2027.
- Directors' remuneration increased to PKR 1,996,500 for the CEO and PKR 1,584,000 for the Executive Director.
- Approval for equity investment of up to PKR 20,000,000 in Recover Pakistan (Private) Limited for share subscription.
- Special resolutions valid for five years and authorized personnel empowered to execute necessary actions.