Karachi: At the 63rd Annual General Meeting of Khyber Textile Mills Limited, held on October 25, 2024, shareholders passed key resolutions concerning the company’s governance and financial management.

The assembly unanimously approved the Annual Audited Financial Statements for the fiscal year ending June 30, 2024. According to information available from the Pakistan Stock Exchange (PSX), these documents include detailed reports from the directors and auditors that underscore the company's financial activities and outcomes during the period.

In further proceedings, the shareholders resolved to appoint M/s Clarkson Hyde Saud Ansari Chartered Accountants as the new auditors for the fiscal year ending June 30, 2025. The resolution also grants the Board of Directors the authority to determine the auditors' remuneration.

These decisions are pivotal as they not only reflect the shareholders' trust in the management's fiscal stewardship but also align with regulatory practices to ensure financial transparency and accountability.