Media Times Limited Approves Annual Resolutions and Appoints New Auditors

Karachi: Media Times Limited held its 24th Annual General Meeting on October 28, 2024, during which shareholders approved key resolutions including the adoption of the latest financial statements and the appointment of a new auditor for the upcoming fiscal year.

The resolutions passed during the meeting confirmed the minutes from the previous year’s gathering, which took place on October 28, 2023. The shareholders reviewed and approved the audited financial statements for the fiscal year ended June 30, 2024, which included the Chairman’s Review along with the Directors’ and Auditors’ reports.

According to information available from the Pakistan Stock Exchange (PSX), Media Times Limited also resolved to appoint M/s Junaidy Shoaib Asad, Chartered Accountants, as the company's auditors for the fiscal year ending June 30, 2025. This decision empowers the Chief Executive of Media Times Limited to negotiate and finalize the auditors' fees, ensuring financial transparency and compliance continues under the new auditors’ scrutiny.

These measures are part of Media Times Limited’s ongoing efforts to maintain rigorous corporate governance standards and provide transparent financial reporting to its shareholders and the market. The company, which is listed on the Pakistan Stock Exchange under the media sector category, is committed to upholding the highest standards of accountability and financial integrity.