Karachi: Aisha Steel Mills Limited has announced that it will hold its Twentieth Annual General Meeting (AGM) on October 28, 2024, at Karachi. The meeting will address several key points from the past fiscal year, including the adoption of annual financial statements and the reappointment of auditors.

The primary agenda will cover the confirmation of minutes from the last AGM held on October 28, 2023, and the adoption of the annual audited financial statements along with the Directors' and Auditors' Reports for the year ended June 30, 2024. According to information available from the Pakistan Stock Exchange (PSX), these financial statements have been made accessible on the company's website and can be reviewed by shareholders prior to the meeting.

Additionally, the shareholders will appoint the auditors for the fiscal year ending June 30, 2025, and fix their remuneration. The Board of Directors has recommended the reappointment of M/s. A. F. Ferguson & Co., Chartered Accountants, as the company's external auditors, emphasizing continuity in its financial oversight practices.

The AGM is a crucial event for shareholder engagement, providing a platform for investors to obtain detailed insights into the company's financial health and to voice their perspectives on corporate governance matters.