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Karachi, At the 21st Annual General Meeting of Apna Microfinance Bank Limited, held on June 21, 2024, at their registered office in Karachi, shareholders passed several significant resolutions that will guide the institution’s operations for the upcoming year.
According to information available from the Pakistan Stock Exchange (PSX), the resolutions adopted during the meeting include the confirmation and adoption of the minutes from the previous Annual General Meeting held on July 5, 2023. Additionally, shareholders approved the Annual Audited Accounts for the year ended December 31, 2023, along with the Directors’ and Auditors’ reports.
A critical resolution concerned the appointment of auditors for the upcoming fiscal year. The shareholders reappointed M/s. RSM Avais Hyder Liaquat Nauman, Chartered Accountants, as the external auditors for the year ending December 31, 2024. The Board of Directors was also authorized to fix the auditors’ remuneration.
These decisions reflect the shareholders’ confidence in the bank’s governance and financial health, as well as their commitment to maintaining rigorous financial oversight. The resolutions are pivotal for ensuring the bank’s continued compliance with regulatory standards and fostering transparency in its financial practices.