Karachi: Husein Industries Limited, during its Annual General Meeting held at its registered office in Karachi on October 25, 2024, passed significant resolutions regarding its financial statements and the appointment of auditors for the upcoming fiscal year.

The shareholders unanimously approved the audited financial statements for the year ending June 30, 2024. The approval included acceptance of the accompanying Auditors' and Directors' Reports, as well as the Chairman's Review Report. This resolution marks the formal adoption of the company's financial performance and governance assessments presented for the specified period.

Another key resolution passed during the meeting was the reappointment of Reanda Haroon Zakaria Amir Salman Rizwan and Co, Chartered Accountants, as the auditors for the next financial year ending June 30, 2025. This decision follows the recommendation from both the Board of Directors and the Board Audit Committee of Husein Industries Limited. The Chief Executive of the company has been authorized to negotiate and finalize the remuneration of the auditors, ensuring that the process aligns with the company's financial strategies and compliance requirements.

According to information available from the Pakistan Stock Exchange (PSX), the continuity in auditing services reflects the company's commitment to maintaining transparency and consistency in its financial reporting processes. The resolutions further mandate that certified copies be communicated to relevant authorities as required, and these resolutions will remain in effect until a written notice suggests otherwise.