Applied for Extension of Annual General Meeting

‌TEXTILE MILLS LIMITED‌

1"' Floor Isma il Centre, 6-C, Central Com nsercial Ar°.a. Bart adurabad , Karachi-74800 (Pakistan › Phones: (92-2 1 ) 34940026 to 30 (5 I ne s) Fax: (92 -21 ) 34 945306

E -mail: idreeste xtile@g ni ail . com & info @ idreeste xtile. com

The Director

Policy, Regulation & Development Department, SMD Securities and Exchange Commission of Pakistan NIC Building, Jinnah Avenue

Islamabad

October 01, 2025

SUB: Request for Extension to hold Annual General Meeting for the Financial Year Ended June 30, 2025

Dear Sir,

We are submitting the following documents in respect of our request for an extension to hold the Annual General

Meeting (AGM) of Idrees Textile Mills Ltd. ( the Company") for the financial year ended June 30, 2025.

• Applicationunder Section 132 of the Companies Act, 2017

• Annual Report for the year ended June 30, 2024

• Affidavitsigned by the Company Secretary

• Bank Challans

In the light of the reasons detailed in the attached application, we kindly request approval for a 30-days extension, allowing us to hold the AGM by Novembef 27, 2025, for the aforementionedfinancial year.

Regards.

Yours faithfully,

For Idrees Textile Mills Ltd.

Company Secretary

CC: Joint Registrar

Company Registration Office

Securities & Exchange Commission of Pakistan Karachi

Mr. Hafiz Maqsood Munshi Senior Manager/Unit Head

Listing Companies Compliance - RAD Pakistan Stock Exchange

Karachi

‌TEXTILE MILLS LIMITED

Ismail Centre, 1St Floor, 6-C, Central Commercial Area,Bahadurabad. Karachi-74800(Pakistan),

Phone: (92-21) 34940026 to 34940030 (5 Lines)Fax: (92-21) 34945306 & 34931558

The Director E-Mail: Info@idresstextile.com

Policy, Regulation & Development Department, - SMD Securities and Exchange Commission of Pakistan

NIC Building, Jinnah Avenue Islamabad

October 01, 2025

SUB:

Application under Section 132 of the Companies Act, 2017 for Extension in Holding the Annual General Meeting and Laying of Financial Statements of Idrees Textile Mills Ltd. for the Year Ended June 30, 2025.

1. Regulation Number of the Company

2. Name of Company

3. Address of the Company

   
   
   

4. Date of the last Annual General Meeting

5. Financial year of which the financial statements were laid at the last AGM

6. Date up to which the AGM is required to be Held for the purposes of the said sections And the date up to which the financial Statements are required to be laid therein

7. Date up to which extension is required or AGM

8. Date up to which extension is required for Filing the financial statements for the Quarter ended September 30, 2025

9. Reason for not being able to hold AGM and lay the financial statements for the quarter ended September 30, 2025

10. The exact state of books of accounts with Reasons for non-completion of such books or for non-finalization of the audit.

0021863

Idrees Textile Mills Ltd.

1" Floor, Ismail Centre, 6-C., Central Commercial Area, Bahadurabad, Karachi

November 27, 2024

Financial Year ended June 30* 2024

As per section 132 of the Companies Act, 2017, the Company is required to hold its AGM by 28th October 2025 and lay there in the financial statements for the period ended June 30, 2025

2W November 2025

30'^ November 2025

The statutory audit of the financial statement for

the year ended June 30, 2025 is currently in progress. The external auditors have confirmed that the audit procedures are still underway, and certain information provided to management are in the process of being addressed.

Therefore, an extension of 30 days will allow us sufficient time to carry out the statutory process for holding the AGM and laying the financial statement.

The audit has been delayed due to non-completion of the financial statements for the reasons narrated above. At present, financial statements are being audited by the external auditors. A certificate from the external auditors confirming the same has been

1St Floor, Ismail Centre. 6-C, Central Commercial Ar=.a, Bahadurabad, Karachi-74800 (Pakistan)

Phones: (92-21 ) 34940026 to 30 (5 L ines) Fax: (92-21) 34945306

E-mail: idreestextile@gmail.com

& info@idreestextile.com

attached herewith.

As per Section 27 of the Companies (General Provisions) Rules, the application for extension in holding the Annual General Meeting (AGM) is required to be submitted to the Commission at least thirty (30) days before the last date on which such AGM is required to be held.

However, due to unavoidable circumstances, the Company is filing this application twenty-seven (27) days before the due date. The delay occurred as the management was making every effort to timely convene the AGM and hold the meeting of the Board of Directors. The decision regarding submission of the application for extension was consequently finalized with a short delay.

The Company, therefore, requests the Commission to kindly condone the shortfall of three (3) days and grant approval for extension of time for holding the AGM.

In view of the above, it is humbly requested that the Company may be granted an extension of 30 days in the period for holding the AGM and laying the financial statements for the period ended June 30, 2025. Further, in consequence of the above, the Company, under Section 237, also requests for an extension of 30 days as provided in the period of filing quarterly statements for the first quarter ended September 30, 2025.

S Itafl

For Idrees Textile Mills Ltd.

SP

Company SecrUary

Encl: Affidavit

Auditor Certificates Original Challans

Financial Statement June 30, 2024

‌12 JUL 29Z5

AFFIDAVIT

ses783s-7 Residing at A-428,

Syed Shahid Sultans/o S yed Sultan Hussain hfUSlllTl, Adult, bearin

Block 'N', North Nazimabad Karachi,

CNIC No. 42101-

of Idrees Textile Mills Ltd.

1. That I am the Company Secretarya ldfees Textile MilI9 rtd.

2. at I km fUIIy conversant with the affairs of the Company.

   Company Secretary

   panying application submaed under

3. That whatever has been statedin the accom

   the best of my knowledge and belief.

   Section 132 and Section 223 of the Companie9Aa, 2017 iS true and correct to

4. That nothing has been concealed in his respect.

Osponent

‌Tel: •92 21 3568 3030

Fax: +92 21 3568 4239

https://www.bdo.com.pk

2nd Floor, Block-C

Lakson Square, Building No. 1 Sarwar Shaheed Road Karachi-74200

Pakistan

The Chief Executive Officer Idrees Textile Mills Limited 6-C, Ismail Centre, 1 st floor Central Commercial Area Karachi

September 26, 2025

AA-1605/ 25

AUDIT STATUS LETTER - AUDIT OF FINANCIAL STATEMENTS FOR THE YEAR EHDED JUNE 30, 2025

Dear Sir,

As per your request and as per Section 223(2) of the Companies Act, 2017, we write to advise you that tke audit of f1nancial statements of Idrees Textile Mills Limited ("the Company") for the year ended June 30, 2025 is currently in progress.

Once all the information as already advised to the management is made available to us, we shall endeavor to complete the related audit procedures and render the draft audit report on the financial statements of the Company within a period of two weeks thereafter.

The letter is being issued on the request of the Company.

Yours faithfully,

BDO EBRAHIM & CO.

BDO Ebrahlm & Co. Chartered Accountants

‌SECP Challan‌

Account Title

Securities aad Ezcbaage Cozaoñssioa of PaMsten

ount N 1 089871000097

Code No. 61057

"61058

Copying Fee Inspection Fee

Head of Accounts

Amount (Re)

61059 License Fee - U/S 42 / Renewal Fee 6106a,Application Fea

61063

! Application for extention n AGM

15000.00

1. Payment may kindly be deposited in the bank within a month of the date appearing in date column of challan.

2. Photocopy of the challan shall not be entertained, kindly print separate challans for each company/ Form.

3. Cutting and erasing of any field on challan is not allowed.

4. Challan number and amount of money deposited must be clearly legible on a printed challan.

5. If system erroneously generates a challan without company name or challan No. then kindly do not deposit that challan into bank and contact concerned CRO.

‌SECP Challan

Account Title Securities and Excbaage Cozamlssloa of PaMstao ccount No. 183089871000097

""

Dec nder m, lies .".ct. Z01 r CNQ

Amount (Ra)

Head of Accounts

25.00 •

- ! 1000.00

I

1. Payment may kindly be deposited in the bank within a month of the date appearing in date column of challan.

2. Photocopy of the challan shall not be entertained, kindly print separate challans for each companyl Form.

3. Cutting and erasing of any field on challan is not allowed.

4. Challan number and amount of money depositad must be clearly legible on a printed challan.

5. If system erroneously generates a challan without company name or challan No. then kindly do not deposit that challan into bank and contact concerned CRO.