Lahore: Unity Foods Limited has announced that its 34th Annual General Meeting (AGM) will take place on October 28, 2024, at Lahore. The AGM is scheduled to commence, providing shareholders an opportunity to review and discuss key company affairs, including the audited financial statements for the fiscal year ending June 30, 2024.

The upcoming AGM will address several pivotal matters. Shareholders are expected to consider the audited financial statements of the previous fiscal year, accompanied by reports from the directors and auditors, as well as the Chairman's Review Report. Another significant item on the agenda will be the appointment of the company’s auditors for the new fiscal year. According to information available from the Pakistan Stock Exchange (PSX), Unity Foods will propose Grant Thornton Anjum Rahman Chartered Accountants to replace the retiring auditors Naveed Zafar Ashfaq Jaffery and Co., Chartered Accountants. This change is pending approval during the AGM, reflecting a strategic adjustment in the company’s financial oversight practices.

The notice of the AGM and related materials were reportedly disseminated to the required regulatory bodies and stakeholders on October 7, 2024, ensuring compliance with corporate governance standards. The announcement comes amid preparations by Unity Foods to further solidify its market position and enhance shareholder value through transparent and effective management practices.