AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, Janana De Malucho Textile Mills Limited announced today that it has cancelled its upcoming Extraordinary General Meeting (EGM) originally scheduled for May 18, 2024. The decision, communicated via a formal notification to the Pakistan Stock Exchange (PSE), cites the prevailing law and order situation in the area as the reason for the cancellation.
According to the company’s latest communication, which follows an earlier notice dated April 22, 2024, the Board of Directors has also decided to cancel the closure of the share transfer books, previously set to be closed from May 9, 2024, to May 17, 2024. The shareholders and TRE Certificate Holders have been informed accordingly in line with the requirements of Section 96 of the Securities Act, 2015, and Clause 5.6.1(a) of the PSX Regulations.