Karachi: First Dawood Properties Limited has confirmed the adoption of several key resolutions at its 31st Annual General Meeting (AGM), held on October 24, 2025, at the company's registered office located in Karachi. The meeting commenced at 9:30 a.m.

The resolutions passed include the approval of the minutes from the previous AGM held on October 24, 2024. Furthermore, the company's Audited Annual Financial Statements for the fiscal year ending June 30, 2025, along with the Director's Report and the Auditors' Report, were received, considered, and adopted during the session.

In a significant decision, S.M. Suhail & Co. Chartered Accountants have been appointed as the External Auditors for the financial year 2025-2026. Their remuneration will be determined by the company's directors. This appointment is part of ensuring the continued financial transparency and accountability of First Dawood Properties Limited.

The AGM also saw the election of directors for the next three years, contingent upon approval from the Securities and Exchange Commission of Pakistan (SECP). The elected directors are Mr. Christopher John Aitken Andrew, Mr. Muhammad Rizwan-ul Hague, Mr. Abu Khursheed Muhammad Arif, Mr. Khurshid Abul Khair, Mr. Aamir Ahsan Khan, Mr. Iqbal Ahmed, and Mrs. Farhat Ali.

According to information available from the Pakistan Stock Exchange (PSX), these developments are part of the regulatory requirements that ensure corporate governance and shareholder engagement within the market.

The company expressed its intention to communicate these outcomes to members of the exchange, highlighting its commitment to transparency and regulatory compliance.