Bhanero Textile Mills : Announcement of Emergent Board Meeting - Cancellation of EOGM

Bhanero Textile Mills Limited

BTM-SEC-193-2023

June 16, 2023

The General Manager

Pakistan Stock Exchange Limited,

Karachi.

Sir,

Announcement of Emergent Board Meeting - Cancellation of EOGM

The board of directors in their meeting held on 16th June, 2023 have decided not to increase the authorized share capital of the company. This increase in authorized share capital was proposed to be approved in the extra ordinary general meeting ("EOGM") scheduled for 23rd June 2023.

The board of directors have also withdrawn all the other agenda items to be conducted at EOGM and if deemed appropriate the same will recommended by the board of directors at the next general meeting of the company.

Consequently, the planned EOGM of the company to be held on Friday 23rd June, 2023 at 03:00 pm, at the registered office of the Company i.e. Umer House, 23/I, Sector 23, S. M. Farooq Road, Korangi Industrial Area, Karachi stands cancelled.

Similarly, the closure of shares transfer book of the company communicated earlier for the purpose of the EOGM from 17th June, 2023 till 23rd June, 2023 also stands cancelled.

You may kindly inform the members of the exchange and TRE certificate holders accordingly.

Regards,

For Bhanero Textile Mills Limited

Director

1. The Executive Director/HOD, Offsite-II Department,
   Supervision Division, Securities & Exchange Commission of Pakistan, 63, NIC Building, Jinnah Avenue, Blue Area, Islamabad.

Email: [e-mail]

Karachi Office :	Lahore Office :
Umer House. 23/1, Sector 23, S. M. Farooq Road,	9th Floor, City Towers, 6-K, Main Boulevard, Gulberg-II,
Korangi Industrial Area, Karachi - 74900	Lahore - 54660
Phones : (92-21)35115177-80 Fax : [phone] & 35115191	Phones: (92-42) 111 - 130 - 130, Fax: [phone]
E-mail :[e-mail] :www.umergroup.com	E-mail :[e-mail] :www.umergroup.com