Lahore: First Treet Manufacturing Modaraba has issued a corrigendum concerning its upcoming Annual Review Meeting (ARM) scheduled for October 27, 2025. The notice, originally disseminated on October 6, 2025, to certificate holders, has been amended to revise the ordinary business outlined as Agenda Item No. 3. The modification involves the appointment of new external auditors for the financial year ending June 30, 2026.
According to the corrigendum, the Board of Directors recommends the appointment of M/s Kreston Hyder Bhimji & Co. Chartered Accountants as the new external auditors. This recommendation comes in place of the retiring auditors, M/s Rahman Sarfaraz Rahim Iqbal Rafiq & Co. Chartered Accountants. This amendment is set to be presented to the certificate holders during the ARM.
The corrigendum is attached to the notice and will be published in English and Urdu newspapers, adhering to Section 132 of the Companies Act, 2017. Certificate holders have been informed accordingly, ensuring compliance with regulatory requirements.
According to information available from the Pakistan Stock Exchange (PSX), this notice and its subsequent amendment are part of the routine corporate governance practices for listed entities like First Treet Manufacturing Modaraba. The designated market category for First Treet Manufacturing Modaraba remains consistent with its operational framework and industry classification.
The revision of the agenda item underscores First Treet’s commitment to transparency and diligent fiscal oversight as it prepares for its annual financial review. The ARM will convene at 10:00 A.M. on the scheduled date, addressing the revised agenda to ensure shareholder engagement and corporate accountability.