Indus Dyeing & Manufacturing Sets 67th Annual General Meeting

KARACHI: Indus Dyeing & Manufacturing Company Limited has scheduled its 67th Annual General Meeting (AGM) for October 28, 2024, at its facilities in Korangi Industrial Area, Karachi. The meeting will address the fiscal reports and operational accomplishments of the year ended June 30, 2024.

The agenda for the AGM includes confirming the minutes of the previous year’s meeting, and the adoption of the audited consolidated and unconsolidated financial statements. According to information available from the Pakistan Stock Exchange (PSX), the company will also review the Directors’ and Auditors’ Reports, along with the Chairman’s Review Report, which have been made accessible to shareholders via the company’s website and a QR code for ease of access.

Additionally, the AGM will handle the appointment of the Statutory Auditors for the fiscal year ending June 30, 2025. The Audit Committee has recommended the reappointment of Messers Yousuf Adil, Chartered Accountants, recognizing their previous year’s contribution to maintaining rigorous financial scrutiny.

This gathering is critical as it allows shareholders a platform to engage directly with the management on key issues, including the company’s strategic direction and governance practices. The designated market category and further business proceedings will also be addressed, ensuring comprehensive shareholder participation and transparency.