Karachi: At the Annual General Meeting of Ghani Value Glass Limited, held on October 7, 2024, Chairman's review emphasized the effective role of the Board in steering the company towards achieving its financial and strategic objectives for the year ended June 30, 2024. According to information available from the Pakistan Stock Exchange (PSX), the Board's diverse experience and strategic decision-making were pivotal in aligning the company’s operations with its strategic goals.

The Board of Directors, recognized for their extensive experience, has managed the company's affairs diligently, ensuring robust strategic leadership and compliance with relevant laws and regulations. This diligent oversight included regular updates on the company’s performance, strategic goals, and financial health, facilitated by presentations from management, auditors, and independent consultants.

In financial matters, the Board reviewed and approved both quarterly and annual financial statements, reflecting a commitment to transparency and regulatory compliance. The Audit Committee played a critical role in reviewing these financial statements, ensuring they accurately represented the company's financial position while also confirming the effectiveness of internal controls.

Furthermore, the Human Resources and Remuneration Committee oversaw and recommended policies for the selection and compensation of the senior management team, ensuring alignment with corporate goals and governance standards.

Highlighting their confidence in the company's performance and future prospects, the Board approved a final cash dividend of 10% (Re 1 per share) for the fiscal year, demonstrating a commitment to delivering shareholder value amidst a challenging economic environment.