Karachi: Apna Microfinance Bank Limited has announced that it will hold an Extraordinary General Meeting (EGM) on June 18, 2025, at its registered office in Karachi. The bank has also stated its intention to publish this notice in the Daily Times and Daily Nai Baat Karachi on May 27, 2025, as per the Pakistan Stock Exchange (PSX) regulations.

The meeting will address several key agenda items, primarily focusing on ordinary business. This includes the confirmation of the minutes from the 22nd Annual General Meeting held on March 28, 2025. Furthermore, an election will be conducted to appoint seven directors as determined by the Board of Directors, in compliance with Section 159(1) of the Companies Act, 2017. The directors elected will serve a three-year term, beginning on June 18, 2025.

The retiring directors whose positions are up for election include Mr. Muhammad Akram Shahid, Mr. Imad Mohammad Tahir, Mr. Shahid Hassan, Mr. Muhammad Saleem Shaikh, Mr. Mohammad Asghar, Mr. Abdul Aziz Khan, and Mr. Jamil Ahmed Khan. Additionally, Ms. Sultana Naheed is among those listed.

According to information available from the Pakistan Stock Exchange (PSX), the notice has been circulated among the TRE Certificate Holders of the Exchange, ensuring compliance with Regulation No. 5.6.9 of the PSX Regulations, which mandates prior transmission of such notices.

The EGM will also cover any other business that may be brought forward with the permission of the Chair. The proceedings and decisions taken in this meeting hold importance for stakeholders and the designated market category alike.