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Lahore, Bata Pakistan Limited convened its 72nd Annual General Meeting (AGM) on April 24, 2024, where key resolutions were passed concerning the company’s financial statements and auditor appointments for the upcoming fiscal year.
At the meeting, shareholders confirmed the minutes from the Extraordinary General Meeting held on September 22, 2023. The main resolution involved the approval and adoption of the annual audited accounts for the year ended December 31, 2023. The reports presented by the directors and auditors, including the Chairman’s review, were also approved.
Further, the AGM saw the reappointment of M/s A.F. Ferguson & Co. Chartered Accountants, Lahore as the company’s external auditors for the year ending December 31, 2024. The appointment is effective until the next AGM, with the Board of Directors authorized to negotiate the auditors’ fees for the specified period.