LAHORE: Ghariwal Cement Limited has announced that its 64th Annual General Meeting (AGM) will be convened on October 24, 2024, at Lahore. The agenda for this year's meeting includes the adoption of audited financial statements for the fiscal year ended June 30, 2024, and the reappointment of external auditors.

During the meeting, scheduled for shareholders will review and consider the financial statements and director’s report from the previous year, which ended June 30, 2024. According to information available from the Pakistan Stock Exchange (PSX), this meeting follows the last Extra Ordinary General Meeting (EOGM) held on February 28, 2024, where key decisions likely impacting this year's discussions were made.

The Board of Directors, following recommendations from the Audit Committee, proposes the reappointment of Kreston Hyder Bhimji & Co., Chartered Accountants, as the company’s external auditors for the year ending June 30, 2025. This decision underscores the ongoing trust in Kreston Hyder Bhimji & Co.’s ability to provide thorough and transparent audits, crucial for investor confidence.

The AGM will also allow for the appointment of auditors and the fixing of their remuneration, alongside any other business with the permission of the Chair. This gathering is critical for shareholders to gauge the company's health and strategic direction, especially in the competitive cement industry.