Lahore: Gharibwal Cement Limited held its 66th Annual General Meeting (AGM) on October 15, 2026, at the Oban Hotel in Lahore, where several key resolutions were passed by the members.

The meeting commenced with the confirmation of the minutes from the previous AGM held on October 24, 2025. Subsequently, the audited financial statements for the year ending June 30, 2026, along with the auditors' and directors' reports, were approved and adopted.

In a significant development, Kreston Hyder Bhimji & Co., Chartered Accountants, was appointed as the statutory auditors for the upcoming financial year ending June 30, 2027. The Chief Executive Officer of Gharibwal Cement Limited has been granted the authority to negotiate and finalize the remuneration and other terms of the engagement with the newly appointed auditors.

Additionally, the meeting ratified all transactions conducted with related parties during the financial year ended June 30, 2026.

The resolutions passed are indicative of the company’s continued commitment to maintaining transparency and compliance in its financial operations. According to information available from the Pakistan Stock Exchange (PSX), Gharibwal Cement Limited operates within the designated market category, ensuring adherence to the relevant regulatory frameworks.