Premium Textile Mills Limited has announced its 39th Annual General Meeting (AGM) scheduled for October 9, 2026, where several key resolutions will be discussed and voted upon.
- Meeting Date: October 9, 2026
- Time: 3:30 PM
- Venue: 1st Floor, Haji Adam Chamber, Altaf Hussain Road, Karachi, with a video link facility available.
- Agenda includes:
- Confirmation of previous AGM minutes.
- Adoption of audited financial statements for the year ended June 30, 2026.
- Approval of a final cash dividend of PKR 15.00 per share (150%).
- Re-appointment of external auditors for the financial year ending June 30, 2027.
- Increase in remuneration for the CEO and Executive Director to PKR 1,996,500 and PKR 1,584,000 per month, respectively.
- Approval for a long-term equity investment of up to PKR 20,000,000 in a proposed joint venture, Recover Pakistan (Private) Limited.
- Share transfer books will be closed from October 2, 2026, to October 9, 2026, for voting entitlement.
- Proxies must be submitted 48 hours prior to the meeting.