Pakistan Paper Products: CERTIFIED COPY OF THE RESOLUTIONS ADOPTED AT THE 60th ANNUAL GENERAL MEETING OF THE COMPANY HELD ON 25TH OCTOBER 2022
October 25, 2022
The Director General
Pakistan Stock Exchange Limited
Stock exchange building
Stock Exchange Road
CERTIFIED COPY OF THE RESOLUTIONS ADOPTED AT THE 60th YEAR
GENERAL MEETING OF THE COMPANY HELD ON 25E OCTOBER 2022
In accordance with Regulation no. 5.6.9. (b) of the Rules Book of the Pakistan Stock Exchange, please find attached a certified copy of the resolution (Annex-A”) adopted and adopted by the shareholders in 60e Annual General Meeting of Pakistan Paper Products Ltd held on Tuesday 25e October 2022 at their corporate headquarters and also via video link on demand.
The above is submitted for information to the Exchange.
Behalf Pakistan Paper Products Ltd.
The Director / HO
Monitoring, Supervision & Enforcement Service
Pakistan Securities and Exchange Commission
NIC Building 63, Jinnah Avenue, Blue Zone,
RESOLUTION PASSED AND ADOPTED BY THE SHAREHOLDERS IN 60E ANNUAL GENERAL MEETING HELD ON TUESDAY OCTOBER 25, 2022
- Approve the minutes of the last annual general meeting.
- Receive, examine and adopt the audited accounts of the Company for the financial year ended June 30, 2022 as well as the reports of the directors and auditors relating thereto.
- To review and approve the payment of interim cash dividend, already paid to shareholders for the year ended June 30, 2022 at 25%, i.e. 2.5% Rupees (per ordinary share of Rs 10 each), as recommended by the Board administration.
- Appoint the auditors for the year 2022-23 and to set their compensation.
- To transact any other business with the permission of the President.
ITEM NO -01 OF THE AGENDA
RESOLVED THAT the minutes of the last Annual General Meeting of the Society be and are hereby approved.
ITEM NO -02 OF THE AGENDA
RESOLVED THAT receive, examine and adopt the audited accounts of the Company for the financial year ended June 30, 2022 as well as the reports of the directors and the auditors relating thereto.
AGENDA ITEM NO -03
RESOLVED THAT To review and approve the payment of interim cash dividend, already paid to shareholders for the year ended June 30, 2022 at 25%, i.e. 2.5% Rupees (per ordinary share of Rs 10 each), as recommended by the Board administration.
AGENDA ITEM NO -04
RESOLVED THAT Chartered Accountants Faruq Ali & Co., are and are hereby reappointed as Statutory Auditors for the year 2022-2023 at the remuneration mutually agreed by the Statutory Auditors and the Board of Directors, and fixed at the board meeting of Pakistan Paper Products Ltd.
AGENDA ITEM NO -05
RESOLVED THAT the Managing Director/Directors/Corporate Secretary are and are hereby authorized to take all necessary actions and do all other deeds, deeds and things, to execute physical shares and all other documents and to make any changes to said documents and to take all necessary actions as required in connection therewith, including, but not limited to, executing any document or any incidental or incidental action to give ejection to the above resolutions.
CERTIFIED AUTHENTIC COPY
SAFIA KHURSHID CORPORATE SECRETARY
Pakistan Paper Products Ltd. published this content on October 25, 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unmodified, on October 25, 2022 08:52:10 UTC.
Public now 2022
Evolution of the income statement