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Lahore: Ghazi Fabrics International Limited has announced its 35th Annual General Meeting (AGM), scheduled for October 26, 2024, in Lahore. According to information available from the Pakistan Stock Exchange (PSX), this year’s meeting will cover a series of substantive points pertinent to the company’s governance and financial health.
The AGM will commence with the confirmation of the minutes from the previous AGM held on October 27, 2023. This will be followed by a critical evaluation of the company’s audited financial statements for the fiscal year that ended on June 30, 2024. Shareholders will review documents including the Auditors’ Reports, the Chairman’s Review, and the Directors’ Report. These documents are made accessible through the company’s website, augmented by digital conveniences like QR codes for easy access.
The meeting agenda also includes the reappointment of the company’s auditors. M/s. Qadeer & Co., Chartered Accountants, having served in the previous fiscal year and being deemed eligible again, have been recommended for reappointment by both the Audit Committee and the Board of Directors. The appointment will include the fixation of their remuneration for the fiscal year ending June 30, 2025.
Additionally, the AGM will allow for the transaction of any other ordinary business as approved by the Chair, ensuring that all shareholder concerns and additional agenda items are adequately addressed.