Apna Micro Finance Bank Limited Delays AGM and Financial Statements Approval

Karachi, Apna Micro Finance Bank Limited Expresses Regret over Delay in AGM and Financial Statements Approval

Apna Micro Finance Bank Limited, a prominent microfinance institution, extends its gratitude for the recent letter granting a thirty-day extension for the Annual General Meeting (AGM) until May 30, 2023. However, the bank deeply regrets being unable to convene the AGM and present the Financial Statements for the year ended December 31, 2022, within the given timeline. The primary reason for this delay was the commencement delay of the external audit.

In light of these circumstances, the bank has announced that the Board of Directors meeting is now scheduled to take place on June 10, 2023. During this meeting, the board will consider and approve the annual financial statements for the year ended December 31, 2022, along with other agenda items. Additionally, the board aims to determine and announce the new date, venue, and timing for the postponed Annual General Meeting.

Apna Micro Finance Bank Limited assures its shareholders, stakeholders, and regulatory authorities that they are working diligently to resolve this delay and ensure compliance with the necessary procedures. The bank acknowledges the significance of transparency and accountability in its operations and expresses its commitment to fulfilling these obligations promptly.

The bank advises its shareholders and interested parties to stay updated on further developments through official channels. Apna Micro Finance Bank Limited assures its dedication to providing accurate and timely information regarding the rescheduled AGM and the approved financial statements.