Karachi: United Brands Limited, during its 62nd Annual General Meeting held on October 27, 2026, approved several resolutions, addressing both ordinary and special business matters. The meeting was conducted both physically and via video link, allowing wider participation.

During the ordinary business proceedings, the company approved the minutes from the previous Annual General Meeting held on October 28, 2025. The members unanimously adopted the annual audited financial statements for the year ending June 30, 2026, along with the Directors' and Auditors' Reports. Furthermore, M/s BDO Ebrahim & Co. Chartered Accountants were appointed as the external auditors for the financial year ending June 30, 2027. Their remuneration will be determined mutually at the time of engagement.

In terms of special business, the meeting saw the approval of transactions conducted with related parties for the financial year ended June 30, 2026. The members confirmed these transactions as disclosed in note 34 of the financial statements, ensuring compliance with section 134(3) of the Statement of Material Information. Additionally, the Board of Directors was authorized to approve future transactions with related parties for the financial year ending June 30, 2027, with the understanding that these transactions will be presented for formal ratification at the next Annual General Meeting.

According to information available from the Pakistan Stock Exchange (PSX), United Brands Limited is an active entity within the designated market category. The authorized transactions and financial activities underscore the company's ongoing commitment to transparency and regulatory compliance.