⚡ Flash Summary

Reliance Weaving Mills Limited has announced its Annual General Meeting (AGM). The meeting is scheduled to be held on October 28, 2024, at 10:30 AM at the registered office of the company. The notice details the agenda, including the presentation of audited financial statements for the year ended June 30, 2024, and the election of directors. Shareholders are encouraged to attend or appoint proxies.

📌 Key Takeaways

• 📅 AGM Date: October 28, 2024, at 10:30 AM.
• 🏢 Location: Registered office of Reliance Weaving Mills Limited.
• 🧾 Agenda: Presentation of audited financial statements for the year ended June 30, 2024.
• 🗳️ Election of Directors: One of the key items on the agenda.
• 📢 Attendance: Shareholders are encouraged to attend.
• 👤 Proxy: Shareholders can appoint proxies if they cannot attend.
• 🏦 Closure of Share Transfer Books: From October 21, 2024, to October 28, 2024.
• ✉️ Notice Dispatch: Sent to shareholders at their registered addresses.
• 🌍 Electronic Transmission: Financial statements available electronically upon request.
• 📍 Registered Office: 23-24, Sector 27, Korangi Industrial Area, Karachi.
• ❓ Queries: Shareholders can direct queries to the company secretary.
• 🌐 Website: Information available on the company’s website.

🎯 Investment Thesis

A HOLD recommendation is appropriate until the audited financial statements are reviewed at the AGM. The financial results will provide a basis to assess the company’s performance and future prospects. A BUY or SELL recommendation would require further analysis of the company’s financial health and strategic direction.