Karachi: Engro Holdings Limited, during its 58th Annual General Meeting held on April 28, 2026, passed several resolutions concerning its financial statements, auditor reappointment, and the election of directors. These resolutions were approved by the members and are to be circulated among the TRE Certificate Holders of the Exchange.

The meeting approved the company’s audited financial statements for the year ending December 31, 2025. This includes both standalone and consolidated financials, along with the Directors’ Report, Auditor’s Report, and the Chairman’s Review Report. The approval also covers the Statement of Compliance with Listed Companies (Code of Corporate Governance) Regulations, 2019, and the Auditor’s Review Report on the said compliance statement.

The shareholders reappointed Messers A. F. Ferguson & Co., Chartered Accountants, as external auditors for the year 2026. Their term will conclude at the next Annual General Meeting. The auditors’ remuneration will be mutually agreed upon, with any Federal or Provincial taxes and out-of-pocket expenses to be reimbursed at actuals.

In the elections held, seven candidates were declared elected as directors for a three-year term starting May 22, 2026. The elected directors include Mr. Hussain Dawood, Mr. Abdul Samad Dawood, Ms. Sabrina Dawood, Mr. Muhammed Amin, Mr. Isfandiyar Shaheen, Mr. Ahmed Ebrahim Hasham, and Mr. Sohail Tai. Notably, Mr. Amin, Mr. Shaheen, Mr. Hasham, and Mr. Tai will serve as independent directors.

The meeting also passed a special resolution concerning an intercompany loan. Engro Holdings Limited approved an aggregate amount of up to 7.00 billion PKR for an intercompany loan to its associated firm, Dawood Lawrencepur Limited. The loan is structured as a revolving line of credit, valid for one year, and is to be executed on an arm’s length basis.

According to information available from the Pakistan Stock Exchange (PSX), these resolutions mark significant corporate governance decisions by Engro Holdings Limited, impacting its financial and administrative operations in the coming year.