Lahore: Grays Leasing Limited convened its Annual General Meeting on October 26, 2026, during which significant resolutions were adopted by the company's shareholders. The meeting was held to address key agenda items that are pivotal to the company’s financial and operational governance.

The shareholders approved the audited financial statements for the fiscal year ending June 30, 2026. The approval was granted alongside the auditor and director reports, which were presented to the members during the meeting.

In a subsequent resolution, the company decided on the appointment of new statutory auditors for the fiscal year 2026-2027. The previous auditors, Messers HLB Ijaz Tabassum & Company Chartered Accountants, retired following the conclusion of their term. The board, acting on the proposal of the audit committee, recommended the appointment of Messers Riaz Ahmad & Company, Chartered Accountants. According to information available from the Pakistan Stock Exchange (PSX), the shareholders confirmed this appointment. Additionally, the Chief Executive Officer and Chief Financial Officer were authorized to negotiate and finalize the auditors' remuneration for the upcoming year.

Furthermore, the election of seven directors for a term of three years was conducted in line with Section 159 of the Companies Act, 2017. The retiring directors, Mr. Khawar Anwar Khawaja, Mr. Muhammad Tahir Butt, Mr. Khurram Anwar Khawaja, Mr. Omer Khawar Khawaja, Mr. Muhammad Arshad, Mr. Muhammad Ashraf Butt, and Mrs. Nuzhat Khawar Khawaja, were acknowledged for their contributions to the company.

These resolutions are part of Grays Leasing Limited's ongoing efforts to maintain robust corporate governance and ensure effective oversight and management within the company.