Karachi: Atlas Battery Limited held its 60th Annual General Meeting on Tuesday, September 29, 2026, where several key resolutions were passed, according to a company report. The meeting, which took place at the Federation House in Clifton, Karachi, was also accessible online via Zoom, catering to shareholders participating remotely.

The meeting's agenda included the confirmation of the minutes from the Extraordinary General Meeting held on May 20, 2026. Shareholders unanimously resolved to confirm the minutes, ensuring that all discussions and decisions from that meeting were officially recorded.

A significant focus of the meeting was the adoption of the company's audited annual financial statements for the fiscal year ending June 30, 2026. Shareholders approved the financial documents, which included the Chairman's Review, Directors' and Auditors' Reports. This approval reflects the shareholders' contentment with the company's financial performance and transparency in reporting.

Another key resolution involved the re-appointment of the company's auditors. The retiring auditors, M/s. ShineWing Hameed Chaudhri & Co., Chartered Accountants, were re-appointed for the financial year ending June 30, 2027. The decision was in line with the recommendations from the Audit Committee and the Board of Directors. The audit fee was confirmed at Rs. 2,600,000.

According to information available from the Pakistan Stock Exchange (PSX), Atlas Battery Limited operates within a designated market category, adhering to regulatory requirements and maintaining transparency with its shareholders.

The resolutions passed during the AGM highlight the company's commitment to maintaining corporate governance standards and ensuring stakeholders are informed of its strategic and financial direction.