Saif Textile Mills LimitedPSX: SAIF

Certified Copy of Resolutions in Annual General Meeting

· Issued by Saif Textile Mills Limited






t PACRA

"

4° Floor, Kashmir Commercial Complex 1032-E, Fazal-e-Haq Road, Blue Area, Islamabad (Pakistiln) Voice: •92-51-2604733-35, Fax: *92-51-2604732, E-mail: stmHsaifgroup.com

Web: https://www.saifgroup.com A- / A2 Rated Company

CERTIFIED COPY OF RESOLUTIONS PASSED AND ADOPTED BY THE MEMBERS OF SAIF TEXTILE MILLS LIMITED IN THEIR ANNUAL GENERAL MEETING HELD ON FRIDAY, OCTOBER24_, 2025

ORDINARY BUSINESS:

  1. Approval of Annual Audited Financial Statements: "RESOLVED THAT the Annual Audited Financial Statements of the Company for the year ended June 30, 202S together with the Chairman's Review Report, the Directors' and Auditors' reports thereon, as approved by the Board of Directors, be and are hereby received, considered and adopted."
  2. Appointment of Auditors: "RESOLVED THAT M/s Shinewing Hameed Chaudhri & Co., Chartered Accountants, be and are hereby re-appointed as external auditors of the Company, who shall hold office from the conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting on such fee as may be determined by the Chief Executive Officer."

    SPECIAL BUSINESS:

  3. Related Party Transactions:
"RESOLVED THAT the Company be and is hereby authorized to share common expenses with M/s Kohat Textile Mills Limited an associated Company or any other associated Company. The common expenses may include but not limited to office rents, administrative salaries, utility expenses, repair and maintenance and other miscellaneous expenses etc. (collectively the "Administrative Expenses"), in respect of its joint offices. RESOLVED FURTHER THAT the transactions entered into by the Company in its ordinary course of business with related parties during the year ended June 30, 2025 as disclosed in notes to the Financial Statements are hereby ratified and approved. ALSO RESOLVED THAT the Chief Executive of the Company be and is hereby authorized to execute/ approve all the transactions to be carried out in its ordinary course of business with Related Parties during the ensuing year ending June 30, 2026 and in this connection the Chief Executive be and is hereby also authorized to take any and all necessary actions and to sign execute any and all such documents/indentures as may be required in this regard on behalf of the Company."




CERTIFIED TO BE TRUE COPY

Umar Shah d Company Secretary

















CET



MILLS:

Phase III, Industrial Estate Gadoon Amazai, Swabi, KPK.

Voice: *92-938-270313, 270429

Fax: 92-938-270514.

E-mail: stm@saifgroup.com

PESBAWAR:

APTMA House, Jamrud Road, Voice: +92-91-5843870, 5702941

Fax: +92-91-5840273,

E-mail: peshaw n ifgroup.com

KARAcm:

Suit No. 210, 2nd Floor, The Plaza Block-9, Clifton Karachi,

Voice: +92-2l-5821238,

Fax: +92-21-5821220,

E-mail: karachi@saifgroup.com

Earlier from Saif Textile Mills

All Saif Textile Mills news releases