Karachi: Leather Up Limited has announced the convening of its 34th Annual General Meeting (AGM), scheduled to take place on Tuesday, October 28th, 2025, at 10:00 a.m. The meeting will be held at the company’s registered office located at 23/C Ground Floor, 15th Commercial Street DHA Phase II-Ext., Karachi. The agenda includes the confirmation of minutes from the previous year, adoption of audited financial statements, and the appointment of auditors for the coming fiscal year.
The meeting will address ordinary business matters, beginning with the confirmation of the minutes from the AGM held on October 28th, 2024. Shareholders will also review and adopt the audited financial statements for the year ending June 30, 2025, alongside the accompanying reports from the directors and auditors. The retiring auditors, M/s. Hassan Naeem & Co. Chartered Accountants, have offered themselves for reappointment for the period ending June 30, 2026.
In compliance with regulatory requirements, the company has announced that the share transfer books will remain closed from October 21st to October 28th, 2025. Transfers received by the close of business on October 20th, 2025, will be considered timely for attendance and voting at the meeting. Shareholders are required to bring valid identification for verification purposes, while corporate representatives must present relevant resolutions or power of attorney documents.
According to information available from the Pakistan Stock Exchange (PSX), the meeting also provides an opportunity for shareholders to address mandatory compliance requirements. These include the submission of CNIC/NTN details, as mandated by the Securities Exchange Commission of Pakistan (SECP). Failure to comply may result in the withholding of dividend credits.
The AGM will be accessible via video link for those unable to attend in person, with registration required by October 20th, 2025. Shareholders are encouraged to submit their mandatory information to the company’s share registrar to avoid future inconveniences.
The SECP has facilitated electronic transmission of audited financial statements and notices, allowing shareholders to opt for email delivery. Members wishing to receive documents electronically must provide their consent and email details.
Lastly, a notification from the SECP prohibits the distribution of gifts during the AGM, ensuring compliance with S.R.O. 452(I)/2025.