Karachi: At the recent annual general meeting of Haji Mohammad Ismail Mills Limited, held on October 24, 2025, significant resolutions were passed that could shape the future of the company. The meeting, conducted at 409-Commerce Centre, Hasrat Mohani Road, Karachi, was attended by members who unanimously approved key decisions.

The members approved the minutes of the previous year’s meeting, held on October 24, 2024, setting a foundation of continuity for the company’s strategic initiatives. A major highlight of the meeting was the approval of the company’s revival plan, deemed crucial for the interests of both the company and its shareholders. In a decisive move, Mr. Muhammad Sarfraz, serving as Director and Company Secretary, was granted sole authority to execute necessary documents and engage with relevant authorities to facilitate the plan’s implementation and approval.

According to information available from the Pakistan Stock Exchange (PSX), the meeting also saw the approval and adoption of the audited accounts, along with the accompanying Auditors’ and Directors’ Reports for the fiscal year ending June 30, 2025. This step reflects the company’s commitment to transparency and accountability in its financial dealings.

In another significant development, M/s. Naveed Zafrar Ashfaq Jaffery & Co. Chartered Accountants were appointed as the auditors for the fiscal year ending June 30, 2026. The board of directors received authorization to determine their remuneration, ensuring that the financial interests of the company remain well-managed.

The meeting concluded without any additional business discussions, closing with a formal vote of thanks to the Chair, marking another year of strategic decisions aimed at steering Haji Mohammad Ismail Mills Limited towards a promising future.