Karachi: Century Paper & Board Mills Limited has officially announced the details for its 43rd Annual General Meeting (AGM), scheduled to take place on Monday, October 26, 2026, at 3:00 p.m. The meeting will be held at the Dr. Shamshad Akhtar Auditorium located in the Pakistan Stock Exchange Building on Stock Exchange Road, Karachi. Additionally, arrangements have been made to facilitate electronic participation through a video link, allowing shareholders to engage remotely.
The agenda for the AGM comprises both ordinary and special business. Under ordinary business, shareholders will be asked to receive, consider, and adopt the audited financial statements of the company for the fiscal year ending June 30, 2026. These financial statements will be presented alongside the Directors' and Auditors' reports. Moreover, the AGM will involve the appointment of auditors and the determination of their remuneration for the upcoming year.
The special business segment of the meeting will focus on passing resolutions that authorize specific transactions and governance measures. Notably, attendees will consider a resolution to ratify and approve transactions conducted with associated companies and related parties, as detailed in Note No. 47 of the audited financial statements for the year ending June 30, 2026. The resolution further seeks to empower the Chief Executive Officer of the company to approve such transactions for the ensuing year ending June 30, 2027.
According to information available from the Pakistan Stock Exchange (PSX), the meeting is expected to address critical governance and operational matters pertinent to Century Paper & Board Mills Limited's ongoing and future business dealings. The company's management is also providing a statement under Section 134 of the Companies Act, 2017, which will be distributed to members alongside the AGM notice.
Shareholders and stakeholders of Century Paper & Board Mills Limited are encouraged to participate actively in the meeting, whether in person or electronically, to ensure comprehensive engagement and decision-making on the outlined business matters.