Karachi: Security Leasing Corporation Limited has confirmed the resolutions passed during its recent meeting, marking significant administrative moves within the company. The meeting, held on October 15, 2026, was tasked with reviewing and approving several key items on the agenda.
The members began by confirming the minutes of the 32nd Annual General Meeting, which took place on October 15, 2025. The minutes were unanimously approved, solidifying the decisions made in the previous year’s assembly.
In a subsequent resolution, the audited financial statements for the year ending June 30, 2026, were presented. After thorough consideration, the members approved these financial statements along with the accompanying Directors' and Auditors' reports. This approval underscores the company's adherence to financial transparency and accountability.
Further administrative decisions included the reappointment of M/s UHY Hasan Naeem & Co., Chartered Accountants, as the company's statutory auditors. This resolution followed the firm's retirement on June 30, 2026, and was passed unanimously. The auditors will serve for the financial year ending June 30, 2027, with their remuneration to be determined by the Board of Directors.
According to information available from the Pakistan Stock Exchange (PSX), Security Leasing Corporation Limited is classified under the designated market category. This classification plays a crucial role in determining the company's market activities and financial reporting standards.
The decisions made at this meeting reflect the ongoing strategic direction of Security Leasing Corporation Limited, ensuring continuity and stability in its financial and administrative operations.