Lahore: Roshan Packages Limited held its Annual General Meeting (AGM) on October 28, 2025, during which the members passed significant resolutions relating to the company's financial statements and auditor appointments. The meeting, attended by shareholders, focused on essential corporate formalities and strategic business decisions.
The ordinary resolutions included the approval of the company's separate and consolidated audited financial statements for the fiscal year ending June 30, 2025. These financial documents, accompanied by the Chairman's Report, Directors', and Auditors' Reports, were formally received, adopted, and approved by the members present at the meeting.
Further, in a move to ensure continuity, M/s KPMG Taseer Hadi & Co, Chartered Accountants, were reappointed as the auditors for Roshan Packages Limited. The firm will hold office from the conclusion of this meeting until the next annual general meeting, with their remuneration mutually agreed upon by the parties involved.
In addition to these ordinary resolutions, a special resolution was also passed concerning transactions with a related party. The AGM ratified, approved, and confirmed transactions carried out with Roshan Sun Tao Paper Mills (Pvt) Limited during the financial year ending June 30, 2025. According to the resolution, Roshan Packages Limited is authorized to continue such transactions through June 30, 2026, without any limitation on the amounts involved. The Chief Executive Officer of the company has been empowered to execute necessary documents and authorize other officers as required for implementing these transactions.
The meeting underscored the company's commitment to transparency and compliance with corporate governance norms. According to information available from the Pakistan Stock Exchange (PSX), these resolutions mark essential developments in Roshan Packages Limited's ongoing business operations and financial management strategies.
The resolutions passed are set to be presented for shareholder ratification at the next annual meeting, ensuring continuous shareholder engagement and oversight in the company's dealings.