Lahore: Imperial Limited has announced a notable change in its auditing team following the resignation of its previous auditors, M/s. Rizwan & Company, Chartered Accountants, effective July 30, 2026. The resignation was officially acknowledged by the Board of Directors during a meeting on August 12, 2026, where they addressed the resulting casual vacancy.
The Board, acting on the recommendation of the Audit Committee, appointed M/s. Alam & Aulakh, Chartered Accountants, as the new Statutory Auditors of the company. This decision was made to fill the vacancy for the remaining term until the next Annual General Meeting (AGM). The newly appointed auditors have provided their written consent and confirmed their compliance with all eligibility and independence requirements as per the pertinent laws and regulations.
This development was disclosed in accordance with Section 96 of the Securities Act, 2015, and Clause 5.6.1(a) of the Pakistan Stock Exchange (PSX) Regulations. According to information available from the Pakistan Stock Exchange (PSX), the change of auditors aligns with the regulatory framework that governs public companies in Pakistan.
Imperial Limited, listed on the Pakistan Stock Exchange under the designated market category, disclosed this material information to ensure transparency and maintain investor confidence, as stipulated by the Securities Act and PSX Regulations.