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FAISALABAD: The Crescent Textile Mills Limited has announced its 75th Annual General Meeting (AGM), scheduled for October 28, 2024. The meeting will focus on reviewing the company’s financial performance for the fiscal year ended June 30, 2024, and on the reappointment of its auditors.
During the AGM, shareholders will review the Audited Financial Statements along with the Chairman’s Review, Directors’, and Auditors’ Reports for the past year. According to information available from the Pakistan Stock Exchange (PSX), these documents are crucial for providing stakeholders with a detailed analysis of the company’s financial health and strategic direction.
Additionally, the meeting will address the appointment of the company’s auditors. The Audit Committee and Board of Directors have endorsed the re-appointment of the incumbent auditors, M/s. Riaz Ahmad and Company, Chartered Accountants, who have confirmed their eligibility and willingness to continue in their role. The members will also decide on their remuneration.
This annual gathering is a significant event for Crescent Textile Mills, reflecting its commitment to transparency and stakeholder engagement in its operational and financial governance.