Karachi: Shareholders of Quantum Data Technologies Limited convened for their Annual General Meeting on October 28, 2026, where they successfully passed several significant resolutions aimed at steering the company's future course. The resolutions, according to the official report dated October 28, 2026, were meticulously considered and approved.
The meeting commenced with the confirmation and approval of the minutes from the previous Annual General Meeting held on October 28, 2025. This procedural step ensured continuity and adherence to corporate governance standards.
A pivotal resolution involved the approval of the audited financial statements for the financial year ending June 30, 2026. The statements, supplemented by the Chairman's Review, Directors' Report, and Auditors' Report, were presented to the shareholders and subsequently adopted. This adoption empowers the Chief Executive and the Company Secretary to fulfill all necessary statutory and regulatory duties related to the financial statements.
The appointment of external auditors was another key agenda item. M/s Saeed-ul Hassan & Company, Chartered Accountants, were appointed as the external auditors for the fiscal year ending June 30, 2027. Their remuneration is to be determined in line with legal and regulatory requirements, with the final approval entrusted to the Chief Executive following recommendations from the Audit Committee.
Furthermore, Mr. Khawaja Mohammad Kaleem and the Company Secretary received joint and several authorizations to execute necessary actions and filings with the Securities and Exchange Commission of Pakistan (SECP), Pakistan Stock Exchange Limited (PSX) and other relevant authorities. This includes submitting requisite forms and documents related to the Annual General Meeting proceedings.
According to information available from the Pakistan Stock Exchange (PSX), these resolutions reflect Quantum Data Technologies Limited's ongoing commitment to robust governance and compliance with national regulations. These measures are anticipated to fortify the company's operational framework and enhance shareholder value, as the company continues to navigate its market category.