Lahore: D.G. Khan Cement Company Limited has confirmed its upcoming Annual General Meeting for October 18, 2024, at the Emporium Mall, The Nishat Hotel, Trade and Finance Centre Block, Lahore. The focus of the meeting will be to receive, consider, and adopt the company's audited financial statements for the fiscal year ended June 30, 2024. These include un-consolidated and consolidated financial statements along with the Chairman’s Review and reports from the Directors and Auditors.

In a resolution from the previous year's meeting on October 27, 2023, the Board of Directors approved all related party transactions that occurred during the financial year. According to information available from the Pakistan Stock Exchange (PSX), these transactions have now been ratified for the year ending June 30, 2024. These approvals were disclosed in the company’s Annual Financial Statements, ensuring transparency and adherence to corporate governance standards.

The resolution ensures that all related party transactions from the fiscal year are hereby ratified, approved, and confirmed in all respects, maintaining the company's commitment to statutory compliance and operational transparency. Furthermore, the company has annexed a Statement of Material Facts as required under Section 134(3) of the Companies Act, 2017 to the notice of the meeting, which has been circulated to the company’s members.

The upcoming meeting will serve as a platform for stakeholders to engage with the company’s leadership about the financial directions and strategies implemented over the past year.