Olympic Industries Limited holds 45th Annual General Meeting

The 45th Annual General Meeting of Olympic Industries Limited was held via zoom on Thursday, December 12, 2024.

The AGM was presided over by Mr. Aziz Mohammad Bhai, Chairman of the company, according to a press release. 

In the said AGM, the Shareholders received, considered and adopted the audited Financial Statements of the company for FY 2023-2024; considered and approved the payment of a 10 per cent Cash Dividend; considered retirement and re-appointment of Mr. El Edroos Hudda, Director, considered retirement by rotation and re-appointment of 3 (three) Directors; approved the appointment of Independent Director; approved the appointment of M/s. Shafiq Basak & Co., Chartered Accountants as Statutory Auditors and appointment of M/s. Huda & Co. Chartered Accountants to provide Certificate on CGC compliance for the FY 2024-2025.

Shareholders also approved the proposal of Changing of registered name of the company from “Olympic Industries Limited” to “Olympic Industries PLC.” and to amend/omit the relevant/other clauses of the Memorandum and Articles of the company as Special Resolutions.