Karachi: Pakistan Synthetics Limited has scheduled its 39th Annual General Meeting (AGM) for shareholders on October 26, 2024. The meeting will convene at 10:15 a.m. at the Meeting Hall on the 2nd Floor of the Institute of Chartered Accountants of Pakistan (ICAP) on Chartered Accountant Avenue, Clifton, Karachi.

The upcoming AGM aims to address several key points of business as part of the company's annual agenda. The first item will involve the confirmation of the minutes from the previous AGM held on October 28, 2023. Following this, the shareholders will receive, consider, and potentially adopt the Audited Financial Statements for the fiscal year ending on June 30, 2024, which also includes the Directors’ and Auditor’s Reports.

According to information available from the Pakistan Stock Exchange (PSX), another significant agenda item is the reappointment of the company's auditors. M/S. BDO Ebrahim and Co., Chartered Accountants, will seek reappointment, having declared their eligibility and willingness to continue in their role. This item will include the determination of their remuneration for the upcoming fiscal period.

The meeting will also provide an opportunity to address any additional business that may arise, with the permission of the Chair.

Pakistan Synthetics Limited continues to engage its stakeholders through transparent and regular communications, ensuring compliance with corporate governance standards and fostering a collaborative environment for all attendees of the AGM.