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Gulistan Textile Mills Limited's board resolved that seven directors will be elected for the next term and that an Extraordinary General Meeting will be held on October 31, 2026, at 11:30 a.m. at the company's registered office in Karachi.
Gulistan Textile Mills Limited will hold an Extraordinary General Meeting on October 31, 2026, at 11:30 a.m. in Karachi. Shareholders will consider confirmation of the previous general meeting minutes, election of seven directors, and other business with the Chairman’s permission. Share transfer books will remain closed from October 24 through October 31, 2026.
The company transmitted its annual audited financial statements for the year ended June 30, 2026. The auditor issued a qualified opinion because bank confirmations were not obtained for balances totaling Rs. 23.744 million and sufficient evidence was unavailable for certain payables and unclaimed dividends. The report also highlights that the company is no longer considered a going concern and its statements were prepared on a basis other than going concern.
Gulistan Textile Mills Limited will hold its Annual General Meeting on October 28, 2026 at 9:45 a.m. in Karachi. The agenda includes adoption of the audited financial statements for the year ended June 30, 2026 and appointment of auditors. Share transfer books will remain closed from October 21 through October 28, 2026.
Gulistan Textile Mills reported a loss after taxation of Rs. 40.95 million for FY2026, narrowed from Rs. 51.67 million a year earlier, while its loss from operations edged higher. Loss per share improved to Rs. 2.16 from Rs. 2.72. The company declared no cash dividend, bonus shares, or right shares. The filing also notes implementation of a court-sanctioned creditor arrangement and gives notice of an AGM and share-book closure.
The board will meet at 11:30 a.m. on October 9, 2026, to fix the number of directors to be elected at the upcoming general meeting scheduled for October 31, 2026. The company declared a closed period from October 2 through October 9, 2026, inclusive.
The company's board meeting is scheduled to discuss annual audited accounts.
The company remains non-operational and is selling its assets for creditors under a sanctioned scheme.
Gulistan Textile Mills Ltd (GUTM) is listed on the Pakistan Stock Exchange in the Textile Spinning sector. Read company disclosures, financial-result notices, corporate actions and meeting updates. Open the relevant notice for its dates and terms.
This page brings together available disclosures for Gulistan Textile Mills Ltd (GUTM), including results, corporate actions, meeting notices and other company updates. Open an individual announcement to read its details and available source document.
Look for the relevant financial-result or corporate-action announcement. Check its reporting period, dividend amount and any conditions in the notice; publication date is not necessarily the payment or entitlement date.
A future date should only be taken from an announcement that explicitly states it. Past payment dates or a historical dividend yield do not establish the next payout or book-closure schedule.
Use the Fundamentals section for available earnings, dividend and valuation figures, keeping each reporting period in view.
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