Karachi: Pakistan International Bulk Terminal Limited (PIBT) disclosed resolutions from their 15th Annual General Meeting (AGM) held on October 22, 2024, involving significant financial disclosures and appointments. According to the documents submitted to the Pakistan Stock Exchange (PSX), the AGM saw the adoption of audited financial statements for the fiscal year ended June 30, 2024, along with approval of auditors’ and directors’ reports.

The members also approved the appointment of M/s Yousuf Adil Chartered Accountants as the company’s auditors for the next year. This decision comes as part of PIBT’s routine financial oversight procedures, aiming to ensure compliance and transparency in its operations. The remuneration for the newly appointed auditors will be determined by the Board of Directors at a future meeting.

According to information available from the Pakistan Stock Exchange (PSX), the resolutions are aimed at maintaining rigorous financial governance and responding to the evolving business needs of PIBT. The company’s strategic decisions are documented and shared with TRE Certificate Holders, ensuring consistent updates on governance and financial performance.

These developments highlight PIBT’s commitment to financial accountability and the effective management of its operations in Pakistan’s bulk terminal sector.