Karachi: Dewan Farooque Motors Limited has officially announced the convening of its 27th Annual General Meeting (AGM) scheduled for Wednesday, April 22, 2026. The meeting will be held at the Dewan Cement Limited Factory Site in Deh Dhando, Dhabeji, District Malir, Karachi, with proceedings set to commence at 12:00 p.m. The announcement comes in compliance with the company’s regulatory obligations and is directed towards the TRE Certificate Holders of the Exchange.
The agenda for the AGM includes several key items for discussion and approval. Firstly, the minutes from the preceding Extraordinary General Meeting, held on December 19, 2025, will be presented for confirmation. Additionally, shareholders will receive, consider, and adopt the annual audited financial statements for the fiscal year ending on June 30, 2025. This will be accompanied by the Directors’ and Auditors’ Reports. The meeting will also address the confirmation of the appointment of the statutory auditors for the year ending June 30, 2026, along with the determination of their remuneration.
Shareholders are encouraged to participate in the meeting through various means. For those unable to attend in person, Dewan Farooque Motors Limited has made provisions for attendance via Zoom. Members can register for online participation by submitting a request along with a copy of their CNIC to the company’s designated email address by April 20, 2026. This initiative aims to facilitate broader shareholder engagement and ensure compliance with relevant legislative requirements.
According to information available from the Pakistan Stock Exchange (PSX), the company has also provided an e-voting option for its members. The e-voting lines will open on April 15, 2026, at 10 a.m. and will remain accessible until April 21, 2026, at 5 p.m., allowing members to cast their votes within this timeframe. The company emphasizes the need for members to provide their valid CNIC numbers, cell numbers, and email addresses to access the e-voting facility.
In line with regulatory expectations, Dewan Farooque Motors Limited has appointed M/s. Faruq Ali & Co. Chartered Accountants as the scrutinizer for the election of directors during the meeting. Shareholders are reminded to ensure their particulars are updated with the company’s share registrar to avoid any compliance issues.
Lastly, in accordance with directives from the Securities and Exchange Commission of Pakistan, the company has reiterated that no gifts will be distributed at the AGM as part of its compliance with SRO 452 (1)/2025 dated March 17, 2025.