Pakistan Refinery Limited Reappoints Auditors and Approves Financial Statements

Karachi: Pakistan Refinery Limited (PRL) has announced the adoption of its annual audited financial statements and the reappointment of its auditors during its 66th Annual General Meeting held on October 21, 2026.

The company's shareholders convened in Karachi to approve the Annual Audited Financial Statements, both consolidated and unconsolidated, for the fiscal year ending June 30, 2026. The meeting, which took place at the company’s headquarters, also included the review and adoption of reports from both the Board and the auditors, as sanctioned by the Board of Directors.

In a significant decision, Taseer Hadi Khalid & Co. was reappointed as the auditors for Pakistan Refinery Limited for the financial year 2026-2027. Taseer Hadi Khalid & Co., formerly known as KPMG Taser Hadi & Co., will continue their role in auditing the company's financial undertakings.

Additionally, the Board of Directors has been authorized to determine the auditors' remuneration. This includes the reimbursement of any out-of-pocket expenses and the payment of any government levies, which will be billed at actual costs, following recommendations from the Board Audit & Risk Committee.

According to information available from the Pakistan Stock Exchange (PSX), the decisions made at the Annual General Meeting reflect the company's ongoing commitment to transparency and financial accountability as it continues its operations within the designated market category.