Ittefaq Iron Industries Approves Financial Statements, Reappoints Auditors at Annual Meeting

Lahore: During the Annual General Meeting of Ittefaq Iron Industries Ltd, held on October 27, 2025, at the company’s registered office in Lahore, several key resolutions were passed that align with the agenda laid out for the meeting.

The members confirmed the minutes of the previous Annual General Meeting, which took place on October 28, 2024. The confirmation of these minutes was a standard procedural step, ensuring continuity and record accuracy for the company and its stakeholders.

The company’s audited financial statements for the year ending June 30, 2025, were received, considered, and adopted. This package included the Directors and Auditors Report, providing a comprehensive overview of the financial health and performance of Ittefaq Iron Industries over the specified period.

A notable resolution during the meeting was the appointment of M/s Kaleem Chartered Accountants as the statutory auditors. Their appointment was confirmed to extend until the conclusion of the next Annual General Meeting, with remuneration details to be decided by the Chairman.

According to information available from the Pakistan Stock Exchange (PSX), the resolutions passed are expected to maintain transparency and uphold investor confidence in the market category related to steel and iron manufacturing.

The meeting concluded with all agenda items addressed, reflecting Ittefaq Iron Industries’ commitment to its corporate governance practices and financial oversight.