Tariq Corporation Limited Approves Key Resolutions at 58th Annual General Meeting

Lahore: Tariq Corporation Limited has successfully conducted its 58th Annual General Meeting, wherein significant resolutions were passed to steer the company forward. The meeting took place on January 28, 2024, at 11:00 A.M. at the company's headquarters located at 28-C, Block E-1, Gulberg-III, Lahore.

During the meeting, shareholders confirmed the minutes of the last Extra Ordinary General Meeting held on April 16, 2024. This move underscores the company's commitment to maintaining transparency and continuity in its operations.

A pivotal decision made at the meeting was the adoption of Tariq Corporation Limited's annual audited accounts for the fiscal year ending September 30, 2024. The comprehensive financial documents, including the statement of financial position, statement of profit or loss, and statement of comprehensive income, were approved. The Directors' and Auditors' Reports were integral to these documents, reflecting the company's financial health and operational performance.

Further, the appointment of Messrs Kreston Hyder Bhimji and Company, Chartered Accountants, as the auditors for the upcoming financial year was confirmed. The Chief Executive Officer was authorized to determine the auditors' remuneration, ensuring that the company continues to engage top-tier audit services.

According to information available from the Pakistan Stock Exchange (PSX), Tariq Corporation Limited operates within the designated market category. These resolutions are expected to bolster investor confidence and sustain the company's growth trajectory.

The resolutions passed at the Annual General Meeting highlight Tariq Corporation Limited's dedication to upholding robust corporate governance and transparency, key drivers in maintaining its reputable standing in the market.