Karachi, Ansari Sugar Mills Limited has notified its shareholders of the upcoming 29th Annual General Meeting scheduled to take place on August 16, 2023, at Hyderabad Sindh. The meeting will address several key matters, including the confirmation of minutes from the Extra Ordinary General Meeting held on March 21, 2018.

Among the agenda items, the company will present and seek approval for the Audited Financial Statements for the year ended September 30, 2018, along with the Directors' report and the Auditors' report. These financial statements have been made available on the official website of the company (http://www.ansarisugar.com.pk) as per the requirements of section 223(7) of the Companies Act 2017.

Another significant aspect of the meeting will involve appointing auditors and determining their remuneration for the years ended September 30, 2019, September 2020, September 2021, and September 2022. M/s JASS Associates Chartered Accountant, the present auditors, will seek reappointment after having retired and becoming eligible for reappointment.

Moreover, the election of seven Directors for a three-year term, beginning from August 16, 2023, will be conducted in accordance with the provision of section 159(1) of the Companies Act 2017. The selection of competent directors will play a vital role in guiding the company's future strategies and decisions.

Shareholders are encouraged to participate actively in the Annual General Meeting to exercise their voting rights and contribute to the company's governance and growth.