Karachi: Siddiqsons Tin Plate Limited has announced an urgent meeting of its Board of Directors to address the unexpected resignation of its auditors. This development was disclosed in a notification issued by the company, highlighting the need for immediate action to address the vacancy.
The board meeting is scheduled to take place on May 7, 2025, at the company's registered office in Karachi. The meeting's agenda will primarily focus on considering the casual vacancy created by the auditors' departure. The company has communicated this information to the TRE Certificate Holders of the Exchange.
Siddiqsons Tin Plate Limited, which falls under the designated market category of manufacturing, is seeking to ensure that the vacancy does not impact its operations or reporting obligations. According to information available from the Pakistan Stock Exchange (PSX), the company is taking necessary steps to address the situation promptly.
The resignation of the auditors was tendered yesterday, prompting the need for the emergent board meeting. The company is expected to make further announcements following the board's deliberations on the matter.