Lahore: Ghani Dairies Limited has announced its 6th Annual General Meeting scheduled for October 28, 2026, at Noor Jahan Hall, Lahore. The meeting, set to commence at 12:10 p.m., will address key business and financial matters of the company.

As part of the ordinary business, the meeting will begin with the confirmation of the minutes from the previous annual general meeting held on October 03, 2025. Shareholders will then be presented with the Annual Audited Financial Statements for the fiscal year ending June 30, 2026. These documents include the Chairman's Review, the Directors' Report, and the Independent Auditors' Report.

A significant agenda item is the appointment of statutory auditors for the financial year ending June 30, 2027. Crowe Hussain Chaudhury & Co., Chartered Accountants, the current auditors, have expressed their willingness for re-appointment. The Board of Directors, following the Audit Committee's recommendation, has proposed their re-appointment, with remuneration to be set by the Board.

The meeting will also provide shareholders the opportunity to discuss any other business with the Chairman's permission.

In terms of special business, the company seeks approval for the remuneration of its Chief Executive Officer, Mr. Hafiz Avais Ghani, and Executive Director, Mr. Shoaib Ghani. Both are proposed to receive a monthly remuneration of Rs. 1,000,000 each, effective from July 1, 2026. This remuneration is in addition to existing benefits such as a company-maintained vehicle, fuel, and medical insurance.

According to information available from the Pakistan Stock Exchange (PSX), the increased scale of operations since Ghani Dairies' listing has prompted the Board to recommend this remuneration package. The Board assessed this proposal based on market practices and the executives' roles in steering the company's strategic objectives.

It was noted that Mr. Hafiz Avais Ghani and Mr. Shoaib Ghani hold 28.39% and 32.03% shareholding in the company, respectively, as of June 30, 2026. Due to their direct interest in the remuneration matter, they abstained from participating in the Board's discussions and decision-making process, ensuring compliance with governance protocols.

The meeting will seek shareholder approval for this remuneration package, emphasizing its alignment with the executives' contributions and the company's growth trajectory.