⚡ Flash Summary

Gulistan Textile Mills Limited held its Annual General Meeting on October 28, 2025, where the shareholders approved the annual audited accounts for the year ended June 30, 2025. The reports from both the directors and auditors were also presented and subsequently approved during the meeting. Furthermore, M/s Malik Haroon Ahmad & Co. (Chartered Accountants) were appointed as the company’s auditor for the next financial year, which will end on June 30, 2026. The professional fees for the auditor will be determined by the Chief Executive of the Company.

📌 Key Takeaways

• ✅ Annual Audited Accounts for the year ended June 30, 2025, were approved.
• 📑 Directors’ and Auditors’ reports were presented and approved.
• 👨‍💼 M/s Malik Haroon Ahmad & Co. appointed as auditors for the next financial year.
• 🗓️ Next financial year ends on June 30, 2026.
• 💰 Auditor’s professional fee to be decided by the Chief Executive.
• 🏢 Meeting held on October 28, 2025.
• 🤝 Resolutions approved during the Annual General Meeting.
• 🏭 Gulistan Textile Mills Limited address is 2nd Floor Finlay House I.I. Chundrigar Road, Karachi (Pakistan).
• 📜 AGM resolutions extract passed and approved.
• ✔️ All resolutions were properly adopted.

🎯 Investment Thesis

Given the limited information, a HOLD recommendation is appropriate. Further financial details are needed to assess the company’s true value and investment potential. Monitor future releases for financial metrics.