Karachi: TPL Trakker Limited, a notable entity on the Pakistan Stock Exchange, has received official approval from the Securities and Exchange Commission of Pakistan (SECP) to extend the date for its Annual General Meeting (AGM) for the fiscal year ending June 30, 2024. According to information available from the Pakistan Stock Exchange (PSX), the company will now hold its AGM on November 27, 2024, a significant delay from the initially planned date.

This extension allows TPL Trakker Limited to keep their share transfer books open until October 28, 2024, which were originally scheduled to close on October 21, 2024. The extension was granted under section 132 read with section 223 of the Companies Act, 2017, which permits such adjustments under special circumstances.

The company has cited the need for additional time to prepare and finalize the annual audited financial statements as the reason for this postponement. The revised schedule for the AGM and the associated book closure will be announced in due course, ensuring that all regulatory requirements and shareholder communications are handled appropriately.

This decision is released to the market to maintain transparency with shareholders and to comply with regulatory standards governing public companies in Pakistan. TPL Trakker is committed to adhering to the best practices for corporate governance and maintaining rigorous financial discipline.