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28th Annual General Meeting

Azgard Nine Limited held its 28th AGM on 27 November 2021 in Lahore after a year of 31% sales growth to Rs22.1 billion.

28th Annual General Meeting

Azgard Nine Limited held its 28th Annual General Meeting on Saturday, 27 November 2021, at 11.00 am at its registered office, Ismail Aiwan-i-Science, Lahore.

Shareholders confirmed the minutes of the extraordinary general meeting of 3 April 2021 and considered the audited financial statements for FY2021, a year in which net sales grew 31 percent to Rs22.1 billion. The Board proposed re-appointing Yousuf Adil, Chartered Accountants, as auditors, with rotation of the engagement partner. The meeting was adjourned to 6 December 2021 to hold a poll on the approval of the financial statements. The result was published under the Companies (Postal Ballot) Regulations, 2018.

Key facts

  • Meeting28th AGM, 27 November 2021, 11.00 am; adjourned to 6 December 2021
  • FY2021 net salesRs22,070 million, up 31%
  • Q1 FY2022sales up more than 43% on Q1 FY2021

Growing demand from brand partners set the tone for Azgard9's next chapter.