Karachi: Siddiqsons Tin Plate Limited has scheduled its 30th Annual General Meeting (AGM) for Thursday, November 27, 2025, at 11:00 a.m. The meeting will take place at Ocean Mall & Tower, located on the 4th Floor, G-3, Block-9, Scheme-5, Clifton, Karachi.
According to the notice issued, the meeting will address several matters under the agenda of ordinary business. This includes the confirmation of the minutes from the AGM held on July 25, 2025, and the consideration and adoption of the company and group’s financial statements for the year ending June 30, 2025. The financial statements, alongside the Chairman's Review, Directors' and Auditors' Reports, are accessible on the company's website.
The company will also appoint auditors for the fiscal year 2025-2026. The current auditors, M/s. Muniff Ziauddin, Chartered Accountants, are eligible and have expressed their willingness to continue in their role. The meeting will also allow for the transaction of any other business permissible by the Chair.
Siddiqsons Tin Plate Limited has informed its shareholders about proxy arrangements. Shareholders entitled to attend and vote at the meeting may appoint another member as a proxy to vote on their behalf. Procedures for proxy registration require submission of relevant documents at least 48 hours prior to the meeting.
In compliance with Section 242 of the Companies Act, 2017, the company urges shareholders to ensure their bank account details are updated within the Central Depository System for electronic dividend payments. Shareholders are also advised to contact M/s THK Associates (Pvt) Ltd. to address any unclaimed dividends or bonus shares.
The Securities and Exchange Commission of Pakistan (SECP) has mandated the conversion of physical shares into book-entry form. Shareholders in possession of physical share certificates are encouraged to convert their holdings for enhanced security and convenience.
In alignment with SECP regulations, Siddiqsons Tin Plate Limited will circulate the notice of the AGM and annual report via email to registered shareholders. Requests for hard copies of financial statements will be fulfilled within seven days at no cost.
Furthermore, shareholders may participate in the AGM through video conferencing. Registration details for video participation must be submitted 48 hours before the meeting. The company also allows for e-voting and postal ballots, subject to regulatory requirements.
According to information available from the Pakistan Stock Exchange (PSX), the directive ensures compliance with the Companies Act, 2017, and related SECP notifications, prohibiting the distribution of gifts to shareholders during the AGM.
The meeting will also seek shareholder consent to distribute financial statements via QR code and web link, adhering to SECP guidelines for electronic dissemination, with hard copies available upon request. The directors hold no special interest in these proposals beyond their official capacities.