Lahore: Century Paper & Board Mills Limited, during its Annual General Meeting held on October 26, 2026, passed special resolutions concerning its business transactions with associated entities. The resolutions, which were certified and reported on October 27, 2026, highlighted crucial decisions affecting the company's operations.

The company's members ratified and approved transactions conducted with associated companies and related parties in the normal course of business. These transactions were detailed in Note No. 47 of the audited financial statements for the fiscal year ending June 30, 2026. This approval signifies a critical step in maintaining transparency and accountability in the company's financial dealings.

Another vital resolution authorized the Chief Executive Officer to approve ongoing and future transactions with associated companies and related parties for the year ending June 30, 2027. The CEO is empowered to undertake all necessary actions, including signing and executing required documents on behalf of the company. This move aims to streamline operations and ensure continued compliance with corporate governance standards.

According to information available from the Pakistan Stock Exchange (PSX), Century Paper & Board Mills Limited is classified under the designated market category, emphasizing its role within the industrial sector. The resolutions passed are expected to bolster investor confidence and provide clarity on the company's strategic direction.

These decisions reflect Century Paper & Board Mills Limited's commitment to maintaining robust corporate governance practices and transparent financial operations, aligning with shareholders' interests and regulatory requirements.