Karachi: Amtex Limited convened its Annual General Meeting on October 28, 2026, successfully passing several key resolutions integral to its corporate governance and financial strategy.

The meeting commenced with the approval of the minutes from the Extra Ordinary General Meeting held on December 31, 2025. This was swiftly followed by the unanimous ratification of the Annual Audited Financial Statements for the fiscal year ending June 30, 2026, along with the accompanying Auditor's and Director's Reports. The reappointment of M/S Zahid Jamil & Co. as the company's auditors for the financial year ending June 30, 2027, was also confirmed, with terms to be finalized by the Chief Executive Officer.

In a move addressing special business, Amtex Limited ratified its previous related party transactions for the year ending June 30, 2026. The company further authorized ongoing and future transactions with related parties for the upcoming fiscal year, ending June 30, 2027. This authorization, despite potential director interests, was granted with the provision that the Board Audit Committee and the Board of Directors would review and approve all such transactions, ensuring transparency and compliance with corporate governance standards.

According to information available from the Pakistan Stock Exchange (PSX), Amtex Limited's resolutions reflect a strategic approach to its business operations and financial oversight, setting a precedent for how related party transactions will be managed and ratified in future meetings.

These resolutions will require subsequent presentation at the next Annual General Meeting for further ratification and confirmation, a step that underscores the company's commitment to maintaining robust financial and corporate governance practices.