Lahore: Crestwell Healthcare Limited, which was previously known as S. G. Power Limited, held its 33rd Annual General Meeting on October 28, 2026, with proceedings taking place both in-person at FNE House, Lahore, and through video conferencing. The meeting was convened to address the outlined agenda items.
The shareholders unanimously confirmed and approved the minutes from the Extraordinary General Meeting held earlier this year on May 13, 2026. Furthermore, the annual audited financial statements for the fiscal year ending June 30, 2026, along with the accompanying Directors', Auditors', and Chairman's Review Reports, were presented and unanimously adopted by the members.
A significant resolution passed during the meeting involved the retirement of M/s. S.M. Suhail & Co. as auditors. In their place, M/s. Parker Russell - A.J.S., Chartered Accountants, were appointed as the new auditors for Crestwell Healthcare Limited. This appointment is effective until the conclusion of the next AGM in 2027, with remuneration details to be finalized between the Board of Directors and the statutory auditors.
The AGM also saw the election of seven directors for a term of three years, starting from October 28, 2026. The elected directors include Mian Ateeq Ur Rehman, Dr. Maria Fatima Haral, Dr. Muhammad Usman, Brig. Syed Ali Ammar Haider, SI(M), (Retd.), Syed Shahnawaz Imam, Mr. Umer Ali Malik, and Mr. Usman A. Khan. Their election is in accordance with Section 159 of the Companies Act, 2017, and they will serve subject to the Act, the Company's Articles of Association, and relevant regulations.
The Company Secretary has been tasked with executing all necessary statutory and regulatory filings and disclosures with the Securities and Exchange Commission of Pakistan and the Pakistan Stock Exchange Limited, along with any other requisite authorities.
According to information available from the Pakistan Stock Exchange (PSX), Crestwell Healthcare Limited continues to operate within the healthcare market category, and these strategic decisions are pivotal in shaping the company's trajectory.