⚡ Flash Summary

Reliance Weaving Mills Limited has announced the appointment of Nasir Javaid Maqsood Imran, Chartered Accountants, as the scrutineer for the upcoming Annual General Meeting (AGM) scheduled for October 28, 2025. The appointment is to ensure the proper and transparent conduct of the voting process during the AGM, in compliance with the Companies (Postal Ballot) Regulations, 2018. The AGM will be held in Multan and will also be accessible via video link. This appointment signifies the company’s commitment to adhering to regulatory standards and ensuring fair voting procedures.

📌 Key Takeaways

• 📢 Reliance Weaving Mills Limited announces the appointment of a scrutineer.
• 🗓️ The announcement is dated October 10, 2025.
• 👤 Nasir Javaid Maqsood Imran, Chartered Accountants, has been appointed as the scrutineer.
• 🏢 Nasir Javaid Maqsood Imran is associated with NJMI and established in 1995.
• 🌐 NJMI is a member firm of MGI Association, ranked in the top 17 internationally.
• 🏢 NJMI has offices in Karachi, Lahore, and Islamabad.
• 🤝 The purpose of the appointment is for voting in the general meeting.
• 🗳️ The scrutineer will observe satisfactory voting procedures.
• 📜 The voting process aligns with the Companies (Postal Ballot) Regulations, 2018.
• 📅 The AGM is scheduled for Tuesday, October 28, 2025, at 3:00 pm.
• 📍 The AGM will be held in Multan.
• 📹 The AGM will also be accessible via video link.
• ✉️ The announcement was sent via PUCARS/TCS Courier Service.
• 🏢 The announcement is addressed to the General Manager of the Pakistan Stock Exchange Limited.

🎯 Investment Thesis

Based solely on the announcement of the scrutineer appointment, a HOLD recommendation is appropriate. The information provided is purely procedural and does not offer insights into the company’s financial performance or future prospects. Without a comprehensive understanding of the company’s financials and strategic direction, it is not possible to make a well-informed buy or sell recommendation. More financial data is needed.