Invest Capital Investment Bank notifies PSX of auditor resignation and upcoming appointment

Material Disclosure

The company informed PSX that M/s Avais Chartered Accountants, appointed as auditors for the year ending June 30, 2026, have resigned after the partners decided to substantially close the firm. The board will appoint new auditors within the prescribed period.

Key Findings

Auditors M/s Avais Chartered Accountants resigned after the firm decided to considerably close business.
The auditors had been appointed at the AGM held on 27 October 2025 for the year ending 30 June 2026.
The board stated it will appoint new auditors within the prescribed period.
The company asked PSX to disseminate the information to members of the exchange.

Disclosure Details

Entities Involved

Invest Capital Investment Bank Limited, M/s Avais Chartered Accountants

Approvals Required

Board appointment of new auditors

Impact

Auditor resignation creates a near-term governance gap that the board says will be filled within the prescribed period.

Risks

Temporary uncertainty over external audit coverage, Need for timely appointment of replacement auditors, Potential compliance and reporting timing considerations

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Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.

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Invest Capital Investment Bank notifies PSX of auditor resignation and upcoming appointment

Key Findings

Disclosure Details

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