Karachi: Ghani Dairies Limited announced the approval of several significant resolutions during its 6th Annual General Meeting, held on October 28, 2026. The assembly saw the participation of shareholders who collectively endorsed various agenda items that are set to shape the company's operational and financial strategies for the upcoming year.
The meeting commenced with the endorsement of the minutes from the previous year's Annual General Meeting, held on October 3, 2025. Shareholders approved the minutes with no objections, setting the stage for the subsequent resolutions.
In a crucial move, shareholders adopted the Annual Audited Financial Statements for the fiscal year ending June 30, 2026. This approval included the Independent Auditors' Report, the Chairman's Review Report, and the Directors' Report, affirming the company's financial health and operational transparency.
Continuing their association with M/s Crowe Hussain Chaudhury & Co., Chartered Accountants, the shareholders sanctioned their re-appointment as the Statutory Auditors for the financial year ending June 30, 2027. The remuneration terms are to be decided mutually between the auditors and the Board of Directors, ensuring a continued focus on financial scrutiny.
Furthermore, the assembly approved a significant remuneration package for the company's top executives. Effective from July 1, 2026, Mr. Hafiz Avais Ghani, Chief Executive Officer and Executive Director, and Mr. Shoaib Ghani, Executive Director, will receive a monthly remuneration of Rs. 1.00 million each. This remuneration is in addition to the existing benefits, including a company-maintained vehicle, actual fuel expenses, and medical insurance.
According to information available from the Pakistan Stock Exchange (PSX), Ghani Dairies Limited continues to maintain its position within the designated market category, reflecting stability and confidence among its shareholders.
The meeting concluded with no additional business brought forward, highlighting a focused and decisive agenda by the company's leadership, as they continue to navigate the complexities of the dairy industry.