Lahore: D.S. Industries Limited has scheduled its 44th Annual General Meeting (AGM) for October 28, 2024, at its registered office in Gulberg II, Lahore. The meeting, set to commence at 4:00 p.m., will cover essential business including the adoption of financial statements for the year ended June 30, 2024, and the reappointment of auditors.

The company plans to receive and adopt the audited accounts of the fiscal year that concluded on June 30, 2024, alongside the Directors’ Report and Auditors’ Reports prepared for the period. Another key agenda item is the reappointment of the statutory auditors for the next fiscal year ending June 30, 2025. The current auditors, M/s Rizwan and Company – Chartered Accountants, will retire and have offered themselves for re-election.

Shareholders will also participate in the AGM via a video conferencing facility to facilitate broader attendance. According to information available from the Pakistan Stock Exchange (PSX), shareholders interested in the virtual participation are required to register by October 26, 2024, providing their particulars and a scanned copy of their CNIC to the designated email address.

Furthermore, the company has announced the closure of its Share Transfer Books from October 24 to October 28, 2024, to establish shareholder eligibility for the meeting. Electronic voting and postal ballot options will be available as per the Companies (Postal Ballot) Regulations, 2018. Shareholders may appoint proxies who must be registered at the company office at least 48 hours before the AGM.

Additionally, any changes in shareholder contact details must be reported to the Share Registrar, M/s THK Associates (Private) Limited, in Karachi immediately. The AGM’s proceedings will also include details from the Chairman’s Review Report and will be available on the company’s website and sent electronically to all shareholders.