Islamabad: Telecard Limited has announced that it will hold its 33rd Annual General Meeting on November 27, 2026, at the Islamabad Hotel, G-6, Civic Centre, Islamabad. The meeting, set to commence at 11:00 a.m., will address both ordinary and special business matters, according to the company's notice dated November 12, 2026.

In the ordinary business segment, the agenda includes reading and confirming the minutes from the Extra-Ordinary General Meeting held on June 29, 2026. Shareholders will also receive and consider the adoption of the company's audited financial statements for the fiscal year ending June 30, 2026. Additionally, the appointment of statutory auditors for the upcoming year will be decided, with Parker Russel - A.J.S., Chartered Accountants, offering themselves for re-appointment.

According to information available from the Pakistan Stock Exchange (PSX), the meeting will also cover special business items, including the ratification of related party transactions. The Board of Directors seeks to ratify and approve transactions conducted with related parties during the year ending June 30, 2026. This includes authorizing the Board to enter into new arrangements as deemed necessary for the upcoming financial year ending June 30, 2027.

Further on the agenda is a resolution for approving investments in associated companies and undertakings, with a sanctioned limit of up to PKR 500 million each for Lytel Pvt. Limited, Supernet Technologies Limited, and its subsidiaries. These investments may take various forms, including equity, loans, and other financial support, to be financed through internal cash flows or borrowed funds.

Moreover, the meeting will address the conversion of an outstanding amount of PKR 372,214,136 owed by Supernet Technologies Limited into a loan. This decision involves amending a previous resolution from January 16, 2024, under the Companies Act, 2017.

The meeting will conclude with an opportunity to transact any other business with the permission of the chair.