Baluchistan Glass Limited Passes Key Resolutions at Annual Meeting

Hub: Baluchistan Glass Limited successfully concluded its 45th Annual General Meeting on October 24, 2025, where shareholders approved several important resolutions. Held at the company's registered office at Plot No. 8, Sector M, H.I.T.E Hub, Lasbela, Baluchistan, and accessible via video link, the meeting was conducted in compliance with Clause 5.6.9 (b) of the Pakistan Stock Exchange (PSX) Rule Book.

During the meeting, members unanimously adopted the audited financial statements for the fiscal year ending June 30, 2025. The approved documents included the Statement of Financial Position, Statement of Profit or Loss, Statement of Comprehensive Income, and other pertinent financial reports. This approval marks a significant step in the company's financial planning and transparency efforts.

Additionally, the assembly reappointed PKF Frants Chartered Accountants as the statutory auditors for the upcoming fiscal year ending June 30, 2026. The decision included a provision for the Chief Executive to determine the auditors' remuneration, with a permissible increase of up to 10% from the previous year's audit fee.

According to information available from the Pakistan Stock Exchange (PSX), Baluchistan Glass Limited continues to operate within the designated market category, maintaining its compliance with regulatory standards. The company's adherence to these guidelines was evident in the resolutions passed during the meeting, reflecting its ongoing commitment to corporate governance and financial accountability.