Karachi: Shield Corporation Limited, during its Annual General Meeting (AGM) on October 24, 2025, confirmed the minutes from the previous AGM and adopted the audited financial statements for the fiscal year ending June 30, 2025. These resolutions, in compliance with Regulation No. 5.6.9(b) of the Pakistan Stock Exchange (PSX) Rule Book, were certified and duly passed by the company's members.

The AGM, which was held in Karachi, saw the confirmation of the minutes from the October 28, 2024 meeting. Additionally, the shareholders approved the Directors' and Auditors' reports accompanying the financial statements. This move signals the company's commitment to maintaining transparency in its financial dealings.

According to information available from the Pakistan Stock Exchange (PSX), Shield Corporation Limited also resolved to appoint M/s. BDO Ebrahim & Co., Chartered Accountants, as the auditors for the fiscal year ending June 30, 2026. The appointment comes with a provision for a mutually agreed fee along with out-of-pocket expenses, ensuring that the audit process is both thorough and cost-effective.

The resolutions passed at the AGM reflect Shield Corporation Limited's adherence to established corporate governance practices, facilitating continued trust and confidence among its investors and stakeholders in the designated market category.