Mirpur Khas: Mirpurkhas Sugar Mills Limited convened its 61st Annual General Meeting on January 21, 2026, during which several pivotal resolutions were passed by the company members. These resolutions encompass both ordinary and special resolutions, reflecting strategic decisions aimed at steering the company’s future.

During the gathering, the audited accounts for the fiscal year ending September 30, 2025, were reviewed and approved. This included the Directors’ and Auditors’ Reports, which were presented to the members for their consideration. As part of the ordinary resolutions, the meeting confirmed the election of seven directors for a new term spanning three years, commencing from January 21, 2026. The elected directors are Mr. Arif Dino Faruque, Mr. Aslam Faruque, Mr. Amer Faruque, Ms. Farzana Faruque, Mr. Hasan Reza Ur Rahim, Mr. Abdul Shakoor Shaikh, and Mr. Wasif Khalid.

Furthermore, Kreston Hyder Bhimji & Co., Chartered Accountants, were reappointed as the company’s auditors, extending their term to the conclusion of the next Annual General Meeting. According to information available from the Pakistan Stock Exchange (PSX), these decisions align with the company’s compliance and governance framework.

In terms of special resolutions, the company authorized the disposal of equity shares held in associated entities, Cherat Cement Company Limited and Cherat Packaging Limited, in the open market. This strategic move is subject to the grant of all necessary approvals and consents under applicable laws. The resolution empowers key executives, including the Chief Executive Officer, Chief Financial Officer, and the Company Secretary, to execute the necessary steps for implementation.

Additionally, the transactions conducted with related parties and associated companies during the year ending September 30, 2025, were ratified and approved. The Board of Directors received authorization to enter and approve all such transactions in the normal course of business for the ensuing year ending September 30, 2026.

The resolutions passed at the meeting reflect Mirpurkhas Sugar Mills Limited’s commitment to maintaining robust governance and strategic oversight in its operations.