Shadman Cotton Mills Limited’s approval of securities and exchange commission of Pakistan for extension in time for holding the AGM unto 30-11-2011, for the year ended June 30, 2011

Karachi: We refer to your letter No. KSE/C-699-6701 dated October 31, 2011 regarding the captioned subject. We enclose herewith a copy of approval of Securities and Exchange Commission of Pakistan for extension in time for holding of Annual General Meeting of the company upto 30-11-2011 for the year ended June 30, 2011.

Approval for Extension in Period for Holding Annual General Meeting for the Year ended June 30, 2011

Please refer to application dated October 01, 2011 of Shadman Cotton Mills Limited, (the Company) received in this Office on October 04, 2011 and your subsequent reply dated October 07, 2011 seeking approval of Securities and Exchange Commission of Pakistan (Commission) for one month extension in period for holding of Annual General Meeting (AGM) and Laying therein the Annual audited accounts for the Year Ended June 30, 2011.

2. In this connection, please note that in terms of sub-section (1) of section 158 of the Companies Ordinance, 1984, (the “Ordinance”), I am directed to inform you that the Commission has allowed extension of 30 days in the period for holding of AGM and laying therein the annual audited accounts of the Company for the year ended on June 30, 2011, in terms of section 158 and 233 of the Ordinance. The Company Is accordingly advised to hold its AGM latest by the extended date of November 30, 2011.

For more information, contact:
Shadman Cotton Mills limited.
401-A City Tower,
Gullberg II, Lahore
Pakistan.
Tel: +92-42-35770281-85
Fax: +92-42-35770290
Email: Info@shadmangroup.com

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