Redco Textiles LimitedPSX: REDCO

Notice of Extraordinary General Meeting

Jan 16, 2026 at 8:12 AM UTC · Issued by Redco Textiles Limited

Qedco Textiles Limited

Dated: January 16, 2026 Ref: RTL/PSX/EOGM25/1

The General Manager

Pakistan Stock Exchange Limited Stock Exchange Building

Stock Exchange Road Karachi

Dear Sir,

Subject: NEWSPAPER NOTICE OF EOGM FOR ELECTION OF DIRECTORS

Enclosed please find the copies of the notices of Extraordinary General Meeting prior to publication under PSX Regulation 5.6.9 (b) scheduled to be held on Monday, February 9, 2026.

You may please inform the TRE Certificate Holders of the Exchange accordingly. Thanking you in advance.

For and on behalf of;

Redco Textiles Limited

MUHAMMAD KASHIP .._

Company Secretary

Head Offloe: Redco Plaza, 4th Floor, 78-E, Blue Area, Islamabad, Pakistan Tel: +92-51-2344257, +92-51-d946022 Fax: +92-51-2344256 | Sales@redcogroup.com Mills: 3-KM, Rawat Kalar Sayedan Road, P.O. Saghri, Rawat, Rawalpindi. Tel: *92-51-4946022 ] Fax: +92-51-4610401 | redcotextilemills@gmail.com www.redcotextiles.com

$edco Textiles limited

NOTICE OF EXTRAORDINARY GENERAL MEETING

Notice is hereby given that an Extraordinary General Meeting of Redco Textiles Limited will be held on Monday, 9" February 20 6 at 10:00 A.M, at the registered office of the company at Redco Arcade, 78-E, Blue Arua, Islamabad. The following b siness will be transacted in the meeting:

To con the minutes of the last Annual General Meeting.
To ele seven directon of the Company as fixed by the Board in accordance with the Section 159 of the Comp ies Act, 2017 for a temi of three years conunencing from Monday, 9' February 2026. The following are ret' 'ng Directors who are eligible for re-appointment:
Mrs. S Saif Khan
Mr. Khal d Rehman Khan Mr. Ahs Ur Rehman Khan Mrs. Mu izah Saif Khan Mr. Juna' Khan
Ms. Aye a SaifKhan Mr. Irfan Ahmed Siddiqi
Member and Chief Executive Member and Director Member and Déector Member and Déector Member and Déector Member and Déector Member and Déector
To sact any other business with the permission of the Chair.

Islamabad January 17, 20 6

Notee:

By order of the Board Muhammad Kashif (Company Secretary)

The Share Transfer Books of the Company shall remain close from February 03, 2026 to February 09, 2026

both days inc sive).
Pursuant to the instructions of Securities and Exchange Commission ofPakistan (SECP) vide its Circular No. 4 of 2021 date February 15, 2021 facility of online meeting through Zoom Platform is also available for shareholders t attend/participate in Extraordinary General Meeting to avoid public gathering in order to protect the health of v ued shareholders and their well-being. To attend the Extraordinary General Meeting through video link, member and proxies are requested to register their particulars such as Name, CNIC Number, Folio/CDC Account Nu her, Cell Number and E-mail Address by sending an e-mail at kashif.muhammadI 35Hgmail.com at earliest but ot later than 48 hours before the Mceting time with legible copy of valid CNIC/Passport.
The video li and login credentials will be shared with the shareholders whose e-mails containing all the requested p culars are received in time as mentioned above.
A membar who seeks to contest the election for the office of director must hold in his/her own right unencuipbered shares of the Company and shall file the following with the Company at its registered office, not later than Jaquary 26, 2026 (14 days before date of extraordinary general meeting):
1. A notice of his/her intention to offer himself/herself for election as a Director under Section 159(3) of the Companie) Act, 2017. He/she should also confirm that:
  He/she {s not ineligible to become a director of the listed companies under any applicable laws and regulations (including Pakistan Stock Exchange Regulations).
  - He/she Js not serving as a director in more than seven listed companies simultaneously.
    
    Qedco Textiles Limited
  - He/she is aware of his/her duties and powers under relevant laws, Memorandum & Articles of Association of Company, Listing Regulations of Pakistan Stock Exchange and Listed Companies (Code of Corporate Governance) Regulations, 2019 to be elected as director/independent director of the Company.
  - Neither he/she nor his/her spouse is engaged in the business of brokerage or is a sponsor, director or officer of a corporate brokerage house.
2. Consent to act as a Director in Appendix to Form-9 under Section 167 of the Companies Act, 2017.
3. A detailed profile for placement on the Company's website.
Pursuant to Companies (Postal Ballot) Regulations, 2018 for the purpose of election ofDirectors; subject to the requirements of Section 143 and 144 of the Companies Act, 2017 members will be allowed to exercise their right of voie through postal ballot i.e. voting by post or through any electronic mode; in accordance with the requéements and procedure contained in the aforesaid Regulations.
rig e
A member 'eligible to attend and vote at this Extraordinary General Meeting is entitled to appoint another member as his/her proxy to attend and vote on his /her behalf.

In case of Individuals, the CDC account holder or sub-account holder shall authenticate his / her idenfity by

showing his Original Computerized National Identity Card (CNIC) or original Passport, Accounts and Participants ID number at the time of attending the meeting. In case of corporate tntity, the Original or dtily authenticated Board ofDirectors' resolution / power of anomey with specimen signature of the nominee shall be produced at the time ofthe Meeting.

b. For Appointing Proxies:

member entitles to attend and vote at the meeting may appoint any other member as his/her proxy to attend and vote. The pro;;y form shall be witnessed by two persons whose names, addresses and CNIC numbers shall be furnished with the proxy form. The Proxy shall produce his /her original CNIC or original passport at the time of the meeting. In case of corporate entity, the Original or duly autbeaticated Board of Directors' resolution / power of attorney with specimen signature of the nominee shall be produced along with proxy form to the Company.

In order to be effective and valid, Proxy form must be received at the registered office of the company at Redco Arcade, 78-E, Blue Area, Islarriabad not lster than 48 houri before the time fixed for holding the Meeting.

A prosy forac is enclosed witb tbis aotice aad also available oa tbe Coaspaay'e Official website.

s'i) Coavenioo ofPbysical Sbares iota CDS:

We once again strongly advise the members of the Company, in their best interest, to convert their physical shares into book-entry form at the earliest.

ii.

E-Voting/Postnl Bnllot fsctlity:
the shareholders may be allowed to exercise their right to vote through e-voting / postal ballot, subject to the provisions of the Companies Act, 2017 and the Companies (Postal Ballot) gd+egulations, 2018, if the number of persons who offer themselves to be elected is more than the ther of Directors fixed under Section 159 (1) of the Companies Act, 2017. The e-Voting
facility will be provided by the Coprlink (Pvt.) Limited.
The Board of Directors of the Company has designated Mushtaq & Co. (Chartered Accountants) Lahore as the Scrutinizer for the purpose of voting, bringing with them the relevant experience, in accordance with Regulation 11 of the Companies (Postal Ballot) Regulations, 2018.
Consent for Video Link Facility
In terms of SECP's Circular No. 10 of 2014 dated May 21, 2014 read with the provisions contained under section I 34(1)(b) of the Act, if the Company receives request / demand from members holding in aggregate 10% or more

$edco Textiles Limited

shareholding residing at a geographical location, to participate in the meeting through video conference at least 10 days prior to the dates of meeting, the Company will arrange video conference facility in that city, subject to availability of such facility in that city. Members are requested to timely notify any change in their addresses.
In this regard, please fil1 the following form and submit to the Company at its registered address 10 days before holding of the EOGM. After receiving the request / demand of members having 10% or more shareholding in aggregate, the Company will intimate members regarding venue of video conference facility at least five (5) days before the date ofEOGM along with complete information necessary to enable them to access such facility.
REQUEST FOR VIDEO CONFERENCE FACILI'I'Y
I / We / Messrs. of being Member of Redco Textiles Limited, holder of ordinary share(s) as per Folio #
and / or CdC Participant ID & Sub- Account No. , hereby, opt for video conference facility at
Signature of member

Prohibition,on grent of gifts to Shareholders
The Securities and Exchange Commission of Pakistan (the "SECP"), through its Circular 2 of 2018, dated February 9, 2018, has strictly prohibited companies from providing gifts or incentives, in lieu of gifts (tokens/coupons/lunches/takeaway packages) in any form or manner, to Shareholders at or in connection with general meetings. Under Section 185 of the Act, any violation of this directive is considered an offense, and companies failing to comply may face penalties.
Statement under Section 166 (3) of the Companies Act, 2017
The term of office of the present Directors of the Company will expire on February 10, 2026. In terms of Section 159 (1) of the Companies Act, 2017 the Directors of the Company have fixed the number of directors being seven to be elected in the Extraordinary General Meeting for aperiod of three years.
According to Section 166 (3) of the Companies Act, 2017 independent directors will be elected through the process of election of directors in terms of Section 159 of the Companies Act, 2017. Independent directors shall meet the criteriq under section 166 (2) of thc said Act. The following additional documents are to be submined by the candidates Intending to contest election of directors as independent directors:
- Declaration by the independent directors under clause 6(3) of the Listed Companies (Code of Corporate Govcmance) Regulations, 2019;
- Undertakfng that he/she meets the requirements of sub-regulation (1) of Regulation 4 of the Companies (Manner d Selection of Independent Directors) Regulaions, 2018.

General Meeting in terms of Section 159(4). Further, the website of the CO

the required information.

'11

The final list of contesting directors will be circulated not later than seven days before the date of the Extraordinary

updated with

Qedco TeXtiles Limited

The Company Secretary, Redco Textiles Limited, Redco Arcade,

78-E, Blue Area,

Islamabad.

FORM OF PROXY

REDCO TEXTILES LIMITED

Ledger folio no. and/or,

CDC Participant ID no Sub-Account no.

I/ We Appoint Of

Failing him/ her

As my/ our proxy to attend and vote for me/ us on my/ our behalf, at the Extraordinary General Meeting of the company to be held on 9th dav of February, 2026 at 10:00 am and at every adjournment thereof.

As witness me/ our hand(s) this day of 2026

Affix Revenue Stamp

S'9•ed day of 2026

(Signature appended above should agree with the specimen signatures registered with

the com pany)

NOTE:

A member entitled to attend and vote at this meetin9 may appoint a proxy in accordance with Article 56 of Association of the Company, Proxies, in order to be effective, must be received at 78-E, Redco Arcade, Islamabad the registered office of the company not less than 48 hours before the time for holding the meeting and must be duly stamped, signed and witnessed.
In case of proxy for an individual beneficial owner of shares from CDC, attested copies of beneficial owners computerized National Identity Card or passport, Account and Participant's I.D. number must be deposited alongwith the form of proxy. tn case of proxy for representative of corporate members from CDC, Board of Directors' resolution and power of attorney and the specimen signature of the nominee must be deposited along with the form of proxy. The proxy shall produce his/her original Computerized National Identity Card or passport at the time of meeting.

Qedco Textiles Limited

$,edco Textiles Limited