Karachi: Barkat Frisian Agro Limited convened its Annual General Meeting on October 28, 2026, at the Aura Ballroom in Karachi and via Zoom, where several significant resolutions were passed by the shareholders. The meeting addressed both ordinary and special business matters crucial to the company's operations and governance.

During the session, shareholders reviewed and adopted the company's audited unconsolidated and consolidated financial statements for the fiscal year ending on June 30, 2026. The financial documents, including statements of financial position, profit and loss accounts, and comprehensive income, were accompanied by the Auditors' and Directors' Reports.

In a related development, the shareholders appointed M/s. Crowe Hussain Chaudhury & Co. Chartered Accountants as the company's auditors for the upcoming fiscal year ending June 30, 2027. The terms of their remuneration will be determined through mutual agreement.

The meeting also saw the adoption of a special resolution to amend Article 50 of the company's Articles of Association. This amendment, in accordance with Section 38 and other applicable provisions of the Companies Act, 2017, grants the Board of Directors the authority to determine the remuneration of directors. The resolution ensures compliance with the relevant legal and regulatory frameworks.

According to information available from the Pakistan Stock Exchange (PSX), Barkat Frisian Agro Limited operates within a designated market category, handling matters with precision and adherence to statutory requirements. The Chief Executive Officer is authorized to execute necessary actions to implement the resolutions effectively.

The resolutions underscore the company's commitment to robust financial governance and strategic oversight, reflecting its ongoing efforts to align with regulatory standards and shareholder interests.