Karachi: TPL Trakker Limited convened its Annual General Meeting on November 27, 2024, during which shareholders approved key resolutions, including financial statements and the appointment of new auditors. The meeting, held in accordance with Rule 5.6.9(B) of the Rule Book of the Pakistan Stock Exchange Limited, addressed several pivotal business matters.

Shareholders began by approving the minutes from the Extra Ordinary General Meeting conducted on June 21, 2024. The resolution affirmed the accuracy and acceptance of the documented proceedings from the previous meeting.

The company's Annual Standalone and Consolidated Audited Financial Statements for the fiscal year ending June 30, 2024, were presented and approved. These financial documents were accompanied by the Chairman's Review Report, Directors' Report, and Auditors' Report, providing a comprehensive overview of the company's financial performance and governance.

A significant agenda item was the appointment of auditors for the upcoming fiscal year ending June 30, 2025. The previous auditors, M/s. BDO Ebrahim and Co., Chartered Accountants, retired from their role. The Board of Directors, following the Audit Committee's recommendation, proposed M/s. Grant Thornton Anjum Rahman, Chartered Accountants, as the new auditors. Shareholders approved this appointment, which includes an agreement on the fee structure for their services.

According to information available from the Pakistan Stock Exchange (PSX), these resolutions are in line with the company's commitment to maintaining transparency and robust financial practices. The appointment of M/s. Grant Thornton Anjum Rahman is seen as a step towards ensuring continued compliance with auditing standards and enhancing the company's financial oversight.