Pakistan Oxygen Limited Annual General Meeting Concludes with Approval of Financial Statements

Karachi: Pakistan Oxygen Limited has announced the successful conclusion of its 76th Annual General Meeting, which took place in April 2025. During the meeting, key resolutions were passed, including the approval of the company's audited financial statements for the year ending December 31, 2024.

The shareholders approved the audited financial statements, along with the accompanying reports from the company's directors and auditors. The approval marks a significant procedural step for the company in meeting its regulatory obligations.

In a separate resolution, the meeting confirmed the re-appointment of Messrs BDO Ebrahim & Co., Chartered Accountants, as the auditors for Pakistan Oxygen Limited. They will serve in this capacity until the conclusion of the next Annual General Meeting. The Board of Directors has been authorized to determine the auditors' remuneration, as well as reimbursement for any out-of-pocket expenses incurred, based on recommendations from the Board Audit Committee.

According to information available from the Pakistan Stock Exchange (PSX), the resolutions passed are in compliance with Regulation No. 5.6.9(b) of PSX Regulations. This compliance underscores the company's adherence to the operational guidelines set forth by the exchange.

These developments are pertinent to stakeholders within the designated market category, as they reflect the company's ongoing commitment to transparency and regulatory compliance.