Karachi, Tandlianwala Sugar Mills Ltd. successfully conducted its 35th Annual General Meeting on January 20, 2024, where several critical resolutions were passed. The meeting focused on reviewing the company's performance and strategy for the previous and upcoming fiscal years.
The first resolution confirmed the minutes of the previous Annual General Meeting held on January 28, 2023. The shareholders ratified the minutes, ensuring a continuity of corporate records and decisions.
A major focus of the meeting was the approval of the company's audited accounts for the year ended September 30, 2023. The Directors' Report, dated December 29, 2023, and the audited Financial Statements for the financial year, along with the Auditors' Report, were received, considered, and adopted by the shareholders.
Furthermore, the meeting addressed the appointment of auditors for the fiscal year 2023-2024. MIS UHY Hassan Naeem and Co. Chartered Accountants, the current auditors of Tandlianwala Sugar Mills Ltd., retired but were eligible for re-appointment. The resolution passed re-appointed MIS UHY Hassan Naeem and Co. as the company's auditors until the conclusion of the next Annual General Meeting.
A certified true copy of these resolutions confirms their passage at the 35th Annual General Meeting of Tandlianwala Sugar Mills Ltd., marking a significant step in the company's ongoing governance and financial management.