LAHORE:

Shaffi Chemical Industries Limited has scheduled its Annual General Meeting (AGM) for October 26, 2024, at Swabi, Khyber-Pakhtoonkhwa. The meeting aims to discuss key company agendas including the adoption of annual audited financial statements and the appointment of auditors for the next fiscal year.

The company, listed on the Pakistan Stock Exchange, will hold the AGM to confirm the minutes from the previous year’s meeting, which took place on October 27, 2023. Shareholders will review the company's financial performance for the year ending June 30, 2024, and discuss the directors' and auditors' reports. According to information available from the Pakistan Stock Exchange (PSX), the agenda also includes the appointment of auditors for the financial year ending June 30, 2025, and determining their remuneration.

Shaffi Chemical has announced that share transfers will be frozen from October 19, 2024, until the day of the AGM, with all transfer activities resuming immediately afterward. Shareholders who wish to appoint proxies must submit their requests 48 hours before the meeting. Compliance with regulatory requirements for dividend mandates and shareholder verifications is also highlighted as a priority for all attending members.

The company has facilitated participation through video link for shareholders unable to attend in person, requesting that they provide contact information 10 days prior to the AGM for setup. The meeting will address any other transactions with the permission of the chair.