Peshawar: Khyber Tobacco Company Limited held its 71st Annual General Meeting on October 28, 2026, during which several ordinary resolutions were passed by the members, marking significant decisions for the company's operations in the upcoming fiscal year.

The meeting commenced with the confirmation of the minutes from the previous annual general meeting, held on October 24, 2025. This resolution was approved without amendments, ensuring continuity and reference for the current meeting's deliberations.

A focal point of the meeting was the adoption of the audited financial statements for the fiscal year ended June 30, 2026. The financial documents, including the Chairman's Review, the Directors' Report, and the Auditors' Report, were presented to the members. These documents had previously received approval from the Board of Directors on October 5, 2026. The members received, considered, and adopted the financial statements, providing a comprehensive overview of the company's performance and financial health over the past year.

In terms of financial oversight, the appointment of external auditors was a key agenda item. The members resolved to re-appoint M/s Yousuf Adil, Chartered Accountants, as the external auditors for the fiscal year ending June 30, 2027. This decision was made following the auditors' expression of interest in continuing their role and their eligibility for re-appointment. The remuneration for their services will be determined by the Board of Directors.

According to information available from the Pakistan Stock Exchange (PSX), Khyber Tobacco Company Limited is categorized under the tobacco sector, which plays a pivotal role in the market dynamics. The resolutions passed at this meeting are expected to influence the company's strategic direction and financial performance in the coming year.