Karachi: Pakistan Hotels Developers Limited, a company in the hospitality sector, convened its Annual General Meeting on Tuesday, March 31, 2026, in Karachi and via Zoom, to address key corporate resolutions amid its ongoing voluntary winding-up process.

During the meeting, shareholders approved the minutes of the Extra-ordinary General Meeting held on December 31, 2024. Additionally, the gathering ratified the audited financial statements for the year ending June 30, 2025. These statements, alongside the Liquidators’ Report and Independent Auditors’ Report, were presented for approval and subsequently adopted by the shareholders.

The financial documentation for the fiscal year ending December 31, 2025, was also approved. This period marks twelve months from the commencement of the voluntary winding-up of the company, and the resolutions included the adoption of the Liquidators’ Report and Independent Auditors’ Report pertinent to that timeframe.

According to information available from the Pakistan Stock Exchange (PSX), this meeting fulfills a regulatory requirement under Regulation No.5.6.9.(b) of the PSX Rule Book, ensuring that the resolutions adopted are documented and acknowledged as per procedural obligations. The resolutions signify critical steps in the company’s structured winding-up process, reflecting compliance with corporate governance standards.