Karachi: Husein Industries Limited convened its Annual General Meeting (AGM) on October 28, 2025, at its registered office located in Landhi Industrial & Trading Estate, Karachi. The meeting was marked by the unanimous passage of key resolutions by the shareholders.

The primary focus of the AGM was to address the ordinary business of the company. The shareholders received, considered, and approved the audited financial statements for the fiscal year ending June 30, 2025. This included the accompanying Auditor’s and Directors’ Reports, alongside the Chairman’s Review Report, reflecting the company’s financial health and governance.

Another significant resolution involved the appointment of statutory auditors for the upcoming financial year ending June 30, 2026. The Board Audit Committee had recommended, and the shareholders approved, the reappointment of Reanda Haroon Zakaria Amir Salmon Rizwan & Co. Chartered Accountants. The firm will continue as the external auditors for Husein Industries Limited, holding office until the conclusion of the next AGM.

The Chief Executive of Husein Industries Limited has been authorized to negotiate and determine the remuneration for the auditors. Certified copies of the resolutions passed are to be communicated to the relevant authorities as required and will remain effective until a written notice is issued to the contrary.

According to information available from the Pakistan Stock Exchange (PSX), Husein Industries Limited aligns with the designated market category of textile manufacturing, a critical sector for the region’s economy.

As a procedural formality, the resolutions passed at the AGM will facilitate Husein Industries Limited in maintaining its compliance with statutory requirements and continuing its operations with established audit oversight. The meeting concluded with no further business on the agenda.