Karachi: Agriauto Industries Limited has announced its 43rd Annual General Meeting (AGM) to be held on October 24, 2024, at the ICAP Auditorium in Karachi, scheduled to commence at 11:30 AM. The agenda for the meeting includes reviewing and adopting the Audited Accounts for the financial year ending June 30, 2024, along with the Chairman's Review Report, and the Directors' and Auditors' reports.
The shareholders will assess the company's performance based on the financial statements for the year, which have been made accessible via the company's website. These documents provide a comprehensive overview of Agriauto's fiscal health and strategic direction, which are essential for investor insights and regulatory compliance.
A significant item on the agenda is the reappointment of the company's auditors, A. F. Ferguson and Co. Chartered Accountants, whose term ended following the previous fiscal year. The Board of Directors, having been satisfied with their services, recommended their reappointment.
Further, the AGM will address any additional business that may arise, with the permission of the Chair. According to information available from the Pakistan Stock Exchange (PSX), these meetings are critical for shareholders to influence significant decisions affecting the company's governance and operational tactics.
The company has utilized modern technology to facilitate shareholder engagement, incorporating a QR code in the notice, which directs users to the detailed annual report. This move underscores Agriauto's commitment to transparency and accessibility in its communications with stakeholders.