Karachi: Tri-Star Mutual Fund Ltd. has officially announced the resolutions adopted at the Annual General Meeting held on October 28, 2024. The meeting, which took place at the company's headquarters, saw the approval of audited accounts and the appointment of new statutory auditors alongside the declaration of a cash dividend for shareholders.

The company confirmed that the audited accounts for the fiscal year ending June 30, 2024, have been approved by the board of directors. These accounts were thoroughly reviewed alongside the Directors' and Auditors' Report, ensuring compliance and transparency in reporting.

According to information available from the Pakistan Stock Exchange (PSX), a dividend of 10% per share, equivalent to Rs. 1.00 per share, has been declared for the fiscal year ended June 2024. This decision reflects the company’s continued commitment to providing value to its shareholders and its stable financial performance.

Furthermore, Tri-Star Mutual Fund Ltd. has appointed M/s. Feroze Sharif Tariq and Co., Chartered Accountants, Karachi, as the new statutory auditors for the company. The firm will take over from the previous auditors and has been contracted at a remuneration of Rs. 225,000. This change aims to ensure rigorous financial oversight and adherence to accounting standards going forward.

Tri-Star Mutual Fund Ltd. is listed on the Pakistan Stock Exchange and falls under the financial sector category, primarily focusing on investment and asset management services to its clients.