Karachi: AKD Hospitality Limited has announced that its Annual General Meeting (AGM) for shareholders is scheduled for October 28, 2024, at the Continental Trade Centre in Karachi. The meeting will address several key points, including the approval of audited financial statements and the reappointment of auditors for the coming fiscal year.

The agenda for the meeting includes the confirmation of the minutes from the last AGM held on October 25, 2023, and the adoption of the company's audited financial statements for the fiscal year ended June 30, 2024. These documents have been made available on the company's investor relations website, ensuring transparency and accessibility for shareholders.

According to information available from the Pakistan Stock Exchange (PSX), shareholders will also review and adopt the Chairman's Review, Directors' Report, and Auditors' Report. This step is crucial for maintaining compliance with Section 223 of the Companies Act, 2017, and S.R.O. 389(I)/2023 dated March 21, 2023.

Furthermore, the meeting will address the reappointment of the company’s auditors, Riaz Ahmad and Co. Chartered Accountants, who have expressed their willingness to continue in their role for the fiscal year ending June 30, 2025.

The AGM will also include discussions on any other business that may arise, with the permission of the Chair, highlighting the company’s ongoing commitment to governance and shareholder engagement.