Lahore: Shareholders of Pak Elektron Limited convened their Annual General Meeting on April 29, 2025, in Lahore. During the meeting, key resolutions were passed concerning the company's financial statements and the appointment of auditors.

The shareholders resolved to receive and adopt the Annual Audited Accounts of the company, along with the Directors' and Auditors' Reports, for the fiscal year ending December 31, 2024. This acceptance marks a pivotal step for the company in closing out its financial year, allowing it to move forward with a clear financial standing.

In another significant decision, the shareholders appointed M/s Rahman Sarfaraz Rahim Iqbal Rafiq & Co., Chartered Accountants, Lahore, as the new auditors for Pak Elektron Limited. This appointment is set to last until the conclusion of the next Annual General Meeting. The remuneration for the auditors will be determined by the company's Chief Executive.

According to information available from the Pakistan Stock Exchange (PSX), these resolutions are key components of the company's governance and financial management strategy. The decisions made in the meeting are expected to influence the company's operations and investor confidence in the designated market category.