Karachi: Huffaz Seamless Pipe Industries Limited has announced that its Board of Directors will convene on July 22, 2025, to deliberate on several key business items, including the approval of the company's audited financial statements for the fiscal year ending June 30, 2023, and decisions regarding dividends and bonuses. This meeting will take place both at the company's registered office and via video conferencing in the UK.

The agenda for the meeting includes confirming the minutes from previous board meetings and considering the company's audited financial statements. The Board will also review recommendations from the Audit Committee regarding cash dividends and bonus shares for the last fiscal year. Additionally, related party transactions are set to be evaluated for approval, aligning with committee suggestions.

According to information available from the Pakistan Stock Exchange (PSX), Huffaz Seamless Pipe Industries Limited is anticipated to address the scheduling of its 40th Annual General Meeting, determining its time, date, and location. The appointment of external auditors for the upcoming fiscal year ending June 30, 2024, along with the determination of their remuneration, is also on the agenda.

The company has declared a close period effective from the date of notice until the date of the meeting, restricting the trading of its shares in compliance with regulatory requirements. The board will also consider any additional items permissible by the chair during the meeting.