Karachi: Ghandhara Industries Limited has announced that its 61st Annual General Meeting (AGM) will be convened on Thursday, October 24, 2024, at 10:00 AM at F-3, Hub Chowki Road, SITE, Karachi. The agenda includes the adoption of annual financial statements for the year ended June 30, 2024, the reappointment of auditors, and other customary business matters.

According to the notice issued to the Pakistan Stock Exchange, the shareholders will deliberate on the annual audited financial statements for the fiscal year ended June 30, 2024. These documents, including the Chairman’s Review, Directors’, and Auditors’ reports, have been made available on the company’s website for review and download. This meets the requirements under Section 223(7) of the Companies Act 2017.

Additionally, the meeting will address the reappointment of the company’s auditors, ShineWing Hameed Chaudhri and Co. Chartered Accountants, for the fiscal year ending June 30, 2025. The auditors, having expressed their willingness to continue in their role, are proposed to have their remuneration fixed during the AGM.

According to information available from the Pakistan Stock Exchange (PSX), this meeting will also provide a platform for shareholders to transact any other ordinary business with the permission of the Chairman.

This annual gathering underscores Ghandhara Industries Limited's commitment to compliance and transparent corporate governance, fostering a robust dialogue between the company’s management and its shareholders.