Lahore: Pace (Pakistan) Limited has successfully concluded its 33rd Annual General Meeting on October 28, 2024, where shareholders approved several significant resolutions affecting the company's future operations and governance.

The shareholders ratified the minutes from the previous annual meeting held on October 28, 2023. According to information available from the Pakistan Stock Exchange (PSX), they also adopted the audited financial statements for the fiscal year ended June 30, 2024, along with the Chairman’s review, directors’ report, and auditors’ reports.

A key decision made during the meeting was the appointment of M/s Junaidy Shoaib Asad, Chartered Accountants, as the company's auditors for the upcoming fiscal year ending June 30, 2025. The shareholders authorized the company’s Chief Executive to negotiate and fix the auditors' remuneration, ensuring the company maintains its commitment to rigorous financial oversight and compliance as required under PSX regulations.

This annual general meeting marks a pivotal moment for Pace (Pakistan) Limited as it aligns its operational strategies and governance practices with its long-term financial goals and regulatory requirements.