Karachi: Telecard Limited, in its Annual General Meeting held on November 27, 2024, passed several significant resolutions, as per the certified copy of the resolutions submitted in accordance with clause 5.6.9(b) of the Pakistan Stock Exchange Rule Book. These resolutions include the approval of previous meeting minutes, adoption of financial statements, and the reappointment of auditors.

Shareholders approved the minutes of the Extra Ordinary General Meeting conducted on June 26, 2024. The minutes were officially adopted, marking a formal acceptance of the proceedings and decisions made during that session.

Key financial documents, including the Annual Audited Financials for the fiscal year ending June 30, 2024, the Directors' Report, and the Auditors' Report, received approval from the shareholders. This step signifies the company's compliance with financial reporting standards and shareholder transparency.

Additionally, the meeting resolved to reappoint the current auditors, Ms. Parker Russell A.J.S. Chartered Accountants, for the fiscal year ending June 30, 2025. The terms of their remuneration will be agreed upon, continuing their role in auditing the company's financial health.

According to information available from the Pakistan Stock Exchange (PSX), these resolutions represent a continuation of Telecard's strategic and operational plans as endorsed by its shareholders.

The resolutions passed in this meeting reflect Telecard Limited's adherence to corporate governance practices and its commitment to maintaining financial integrity and transparency.