Karachi: In a decisive Annual General Meeting held on October 28, 2026, shareholders of Dost Steels Limited approved key financial resolutions while rejecting a proposal to increase the company's authorized share capital.

The meeting, which took place in Karachi, saw the adoption of the company's Annual Audited Financials for the year ended June 30, 2026. This decision was accompanied by the approval of the Reports of the Directors and Auditors. The resolutions were certified as passed during the meeting.

Furthermore, M/s. Mushtaq & Co., Chartered Accountants, were reappointed as the auditors for the financial year ending June 30, 2027. Their appointment, under Section 246 of the Companies Act, 2017, came with the stipulation that their remuneration would be determined by the Board of Directors in consultation with the auditors.

However, a Special Resolution aimed at increasing the authorized share capital of Dost Steels Limited failed to pass. Shareholders chose not to approve the resolution, thus maintaining the current capital structure of the company.

According to information available from the Pakistan Stock Exchange (PSX), this meeting's outcomes reflect the shareholders' current stance on the financial and structural direction of Dost Steels Limited within the designated market category.