Islamabad: DH Partners Limited, a prominent player in the designated market category, conducted its Annual General Meeting (AGM) on April 21, 2025, at the ISE Auditorium in Islamabad and via video link. The meeting saw the adoption of several resolutions pivotal to the company's governance and financial management.
The AGM commenced with the consideration and adoption of the audited financial statements for the period from May 8, 2024, to December 31, 2024. The shareholders approved the statement of financial position, profit or loss account, and other relevant financial documents, alongside the Auditors' and Directors' Reports. This resolution was a significant agenda item, marking a comprehensive review of the company's financial health over the specified period.
In addition to the financial statements, the shareholders resolved to reappoint A. F. Ferguson and Co. (Chartered Accountants) as the auditors for DH Partners Limited for the fiscal year ending December 31, 2025. The remuneration for the auditors will be mutually agreed upon, ensuring continuity and stability in the company’s auditing process.
A crucial highlight of the AGM was the election of seven directors to the company's board, in line with Section 159(1) of the Companies Act, 2017. The directors, elected for a three-year term commencing April 21, 2025, include Mr. Hussain Dawood, Mr. Abdul Samad Dawood, Ms. Sabrina Dawood, Mr. Muhammed Amin, Mr. Isfandiyar Shaheen, Mr. Shafiq Ahmed, and Mr. Mohammad Shamoon Chaudry. This election underscores the company's commitment to robust leadership and governance.
According to information available from the Pakistan Stock Exchange (PSX), these resolutions were adopted in compliance with Regulation 5.6.9(b) of the Rule Book of Pakistan Stock Exchange Limited. This regulatory adherence ensures that DH Partners Limited operates within the framework established for listed entities, promoting transparency and accountability.
The AGM of DH Partners Limited reflects a series of strategic decisions by the shareholders, aimed at steering the company towards sustained growth and effective governance in the coming years.