Karachi, First Dawood Investment Bank Limited has officially announced its 29th Annual General Meeting (AGM) scheduled to take place at its Registered Office in Karachi on October 2, 2023. The AGM will address several key agenda items as follows:

Ordinary Business

1. Confirmation of Minutes: The meeting will begin by confirming the minutes of the XXVIII Annual General Meeting held on October 24, 2022.

2. Adoption of Audited Financial Statements: Shareholders will receive, consider, and adopt the Audited Financial Statements of the company for the fiscal year ending June 30, 2023. This will include a review of the Directors' and Auditors' Reports on these financial statements.

3. Appointment of External Auditors: The AGM will deliberate on the appointment of External Auditors for the company and determine their remuneration for the financial year ending June 30, 2024.

The company's decision to hold its 29th AGM is an important event for shareholders and stakeholders alike. It provides an opportunity for shareholders to engage with the company's leadership, review its financial performance, and influence crucial decisions such as the appointment of external auditors.

Additionally, it's worth noting that the share transfer books of First Dawood Investment Bank Limited will remain closed from September 25, 2023, to October 02, 2023, inclusive. This ensures that the company can accurately update its shareholder records in preparation for the AGM.