Karachi: HUM Network Limited has scheduled its 20th Annual General Meeting (AGM) for October 28, 2024, at Karachi. The meeting will also be accessible through video conference facilities to address key company matters.

The company, listed on the Pakistan Stock Exchange, will use the meeting to confirm the minutes from its 19th AGM held last year on October 19, 2023. Additionally, stakeholders are expected to review and adopt the Annual Audited Financial Statements for the fiscal year ended June 30, 2024. These statements include both the directors’ and auditors’ reports. According to information available from the Pakistan Stock Exchange (PSX), these financial disclosures play a critical role in maintaining transparency and shareholder trust.

In line with corporate governance best practices, the AGM agenda also includes the appointment of auditors for the upcoming fiscal year ending June 30, 2025. The retiring auditors, M/s. EY Ford Rhodes, are slated to be replaced, following a recommendation from the Audit Committee. The Board of Directors has endorsed this nomination, highlighting the company’s commitment to rigorous financial scrutiny.

Additionally, the meeting will cover any other business with the permission of the chair. The complete Annual Report of HUM Network for the fiscal year ended June 30, 2024, is available on the company's website, allowing shareholders and interested parties to review it in advance.

This AGM marks a significant annual event for HUM Network, reflecting its dedication to accountability and stakeholder engagement.