Karachi: Tri-Star Power Limited has submitted an application under sections 132 and 223 of the Companies Act, 2017, seeking a 30-day extension to hold its Annual General Meeting (AGM) for the year 2026. This request is due to the pending completion of the financial audit for the fiscal year ended June 30, 2026.

The company, registered under number 0031241, previously held its AGM on October 28, 2025, during which the financial statements for the year ending June 30, 2025, were presented. The current statutory deadline mandates that the 2026 AGM should occur by October 28, 2026, with the financial statements for the year ending June 30, 2026, to be laid before the members.

Tri-Star Power Limited has cited the incomplete audit process as the primary reason for seeking this extension. The audit is anticipated to conclude in the last week of October 2026. Subsequently, the board must approve the audited statements, and a 21-day notice period for the AGM is required. Consequently, the company justifies the need for an additional 30 days to meet these requirements.

The application includes evidence of a Rs. 15,000 payment, an auditor's letter, a copy of the letter sent to the Pakistan Stock Exchange (PSX), and an affidavit. According to information available from the Pakistan Stock Exchange (PSX), the delay in the audit process and the subsequent AGM scheduling is a procedural matter that requires regulatory compliance and adherence to statutory timelines.