SME Leasing Limited Confirms Annual General Meeting Resolutions

Karachi: Shareholders of SME Leasing Limited ratified several key resolutions during their 22nd Annual General Meeting held on July 22, 2024. The meeting confirmed the minutes of the previous year’s gathering, adopted financial statements along with reports from directors and auditors, and reappointed external auditors for the coming fiscal year.

The attendees of the meeting, as per the PSX Rule Book Regulation 5.6.4(b), passed a resolution to confirm the minutes of the 21st Annual General Meeting held on January 11, 2024. This was followed by the adoption of the audited financial statements for the year that concluded on December 31, 2023, including the associated directors’ and auditors’ reports.

Further, a crucial resolution approved the reappointment of M/s BDO Ebrahim and Co., Chartered Accountants, as the external auditors for SME Leasing Limited for the fiscal year ending December 31, 2024. According to information available from the Pakistan Stock Exchange (PSX), the shareholders endorsed the Board’s Audit Committee’s recommendation for this reappointment. Additionally, the Chief Executive Officer was authorized to determine the remuneration for the external auditors for the next year.

The certified copies of the resolutions were provided as a testament to the transparency and adherence to regulatory requirements by SME Leasing Limited.