Karachi: Shezan International Limited, in its commitment to transparency and regulatory compliance, held its 61st Annual General Meeting (AGM) on October 26, 2024, which was conducted both in-person in Lahore and virtually, aligning with modern accessibility standards. The AGM marked significant corporate governance activities including the approval of financial statements and the appointment of new external auditors.

At the meeting, shareholders confirmed the minutes from the previous year's AGM, held on October 24, 2023. Subsequently, the annual audited financial statements for the year ended June 30, 2024, were unanimously approved. These documents, alongside the Directors' and Independent Auditors' Report, received full endorsement from the board, reflecting a solid fiscal year and compliance with regulatory standards.

According to information available from the Pakistan Stock Exchange (PSX), a key resolution was the appointment of BDO Ebrahim and Co. as the company's external auditors for the fiscal year 2024-25. This appointment comes with a mutually agreed remuneration, signaling a continued strategy towards financial transparency and accountability.

Shezan International has demonstrated robust adherence to corporate governance principles, ensuring that all shareholder resolutions align with the company’s strategic direction and compliance obligations. The AGM's successful execution, supported by technological integration via virtual platforms, underscores Shezan's adaptability in on 28 Oct 2024 digital age.