Karachi: International Knitwear Limited held its 36th Annual General Meeting on October 27, 2026, where shareholders approved key resolutions impacting the company's financial governance.
During the meeting, shareholders resolved to approve and adopt the Annual Audited Financial Statements for the fiscal year ending June 30, 2026, alongside the Directors and Auditors reports. This approval marks a significant step in maintaining transparency and accountability in the company’s financial practices.
Furthermore, shareholders re-appointed M/s RSM Avais Hyder Liaquat Nauman Chartered Accountants as the statutory auditors for the upcoming fiscal year ending June 30, 2027. The re-appointment was made at the remuneration recommended by the company's Board.
According to information available from the Pakistan Stock Exchange (PSX), the decisions made at the AGM are expected to influence the company's position within the designated market category, reflecting the shareholders' confidence in the current management and financial audit processes.