Karachi: The Board of Directors of Gatron (Industries) Limited has approved the Supplementary Audited Financial Statements for the period ending January 31, 2025. The decision was made during a board meeting held on May 03, 2025, in Karachi.

The approval is in compliance with Section 282(2)(e) of the Companies Act, 2017. This step is part of a proposed Scheme of Arrangements under Section 279 of the same act. The scheme involves Gatron (Industries) Limited, Nova Frontiers Limited, and Ghani & Tayub (Private) Limited, along with their members.

According to information available from the Pakistan Stock Exchange (PSX), the approval of these financial statements is a necessary precursor for the proposed scheme involving the aforementioned companies.

The market category relevant to this announcement is the designated market category for listed companies on the Pakistan Stock Exchange. The approved financial statements will be communicated to the TRE Certificate Holders of the Exchange as part of the regulatory process.