Karachi: Buxly Paints Limited has announced it will conduct its 70th Annual General Meeting (AGM) on October 28, 2024, at Karachi, with an option for virtual attendance through Zoom Cloud meetings. The meeting is set to deliberate on several key aspects of the company’s operations, including the adoption of audited accounts and the reappointment of auditors.

The main agenda for the upcoming AGM includes the confirmation of the minutes from the last meeting held on October 27, 2023. This will be followed by a review and adoption of the company's audited financial statements for the fiscal year ended June 30, 2024. These documents, along with the Auditors' Report, Chairman's Review, and Directors' Report, will be presented to the shareholders for approval.

Another significant item on the agenda is the reappointment of the company’s auditors, IWs Rahman Sarfaraz Rahim Iqbal Rafiq, Chartered Accountants, who, being eligible, have offered themselves for reappointment for the year ending June 30, 2025. The meeting will also address the fixation of the auditors’ remuneration.

Additionally, any other business that may arise will be considered with the chair's permission, ensuring that all statutory requirements are met and shareholder interests are addressed. According to information available from the Pakistan Stock Exchange (PSX), the Buxly Paints Limited meeting is an essential event for both the company and its stakeholders, providing a platform to discuss past performances and future prospects.

The meeting underscores the company’s commitment to transparency and compliance, reflecting its adherence to corporate governance norms as stipulated by regulatory authorities.