Karachi: Saudi Pak Consultancy Company Limited, formerly known as Saudi Pak Leasing Co. Ltd., convened its 35th Annual General Meeting (AGM) at its registered office on October 20, 2025. During the meeting, several resolutions were passed, reflecting both ordinary and special business agendas.

In the realm of ordinary business, the company confirmed the minutes of its Extraordinary General Meeting (EOGM) held on April 22, 2025, in Islamabad. The confirmation was achieved with a majority vote. Further, the meeting saw the adoption of the audited accounts for the fiscal year ending June 30, 2025, along with the associated Directors’ and Auditors’ reports. These documents, previously approved by the Board of Directors, were received and adopted by the shareholders with a majority vote.

Additionally, the appointment of M/s. UHY Hassan Naeem & Co, Chartered Accountants, was ratified as the external auditors for the 2025-2026 fiscal year. This decision, recommended by the Board of Directors, also gained approval through a majority vote.

On the special business front, the AGM approved changes proposed by the Board during its 183rd meeting on September 17, 2025. These changes relate to clauses in the Memorandum of the company, as per Section 32(6) of the Companies Act, 2017. The alterations include expansions in service offerings and legal clarifications, pending approval from the Securities & Exchange Commission of Pakistan (SECP).

According to information available from the Pakistan Stock Exchange (PSX), no significant fluctuations or market reactions were immediately noted in relation to these developments.

The meeting concluded without additional business discussions and ended with a vote of thanks to the Chair.