Karachi: PIA Holding Company Limited is gearing up to conduct its inaugural Annual General Meeting (AGM) by July 21, 2025. The company, which was incorporated on March 21, 2024, is adhering to the mandates set forth in Section 132(1) of the Companies Act, 2017. This section stipulates that every company must hold its first AGM within sixteen months of incorporation and subsequently once every calendar year within 120 days following the conclusion of its financial year.
The company has confirmed its compliance with these statutory requirements as it prepares to host this significant meeting. The AGM will serve as a platform for PIA Holding Company Limited to discuss its performance for the year ending December 31, 2024. It's an essential step in maintaining transparent communication with stakeholders and ensuring that all legal and regulatory obligations are met.
According to information available from the Pakistan Stock Exchange (PSX), companies listed on the exchange are expected to inform the TRE Certificate Holders of the Exchange about such events, ensuring a well-informed market environment. This practice is part of the designated market category that emphasizes the importance of regulatory compliance and transparency in financial reporting.
The upcoming AGM will be a critical milestone for PIA Holding Company Limited as it establishes itself in the corporate landscape and strives to meet the expectations of its stakeholders.