Islamabad: Punjab Oil Mills Limited has officially announced that its 45th Annual General Meeting (AGM) will be held on Friday, November 27, 2026, at 11:00 AM. The meeting is scheduled to take place at the company's registered office, located at Plot No. 26-28, Industrial Triangle, Kahuta Road, Islamabad.

The agenda for the AGM includes the presentation and adoption of the audited financial statements for the fiscal year ending June 30, 2026. The meeting will also feature the Chairman's Review Report, Directors' Report, and Auditors' Reports.

In ordinary business, the shareholders will consider the appointment of auditors for the fiscal year ending June 30, 2027. The retiring auditor, M/s Crowe Hussain Chaudhary & Co., has expressed interest in reappointment and is recommended by both the Audit Committee and the Board of Directors. Additionally, the company intends to appoint M/s BDO Ebrahim & Co., Chartered Accountants, as cost auditors for the same period.

Special business on the agenda includes the ratification and approval of arm's length transactions with associated companies as per Section 208 of the Companies Act 2017. The transactions, which were carried out in the normal course of business, are disclosed in the notes to the audited financial statements for the year ended June 30, 2026. The Chief Executive Officer is authorized to approve such transactions for the upcoming fiscal year.

According to information available from the Pakistan Stock Exchange (PSX), Punjab Oil Mills Limited is categorized under the designated market category of the exchange, where it conducts its business operations.

The meeting will also allow for the transaction of any other business with the permission of the Chair, ensuring that any additional matters can be addressed comprehensively.