IMLImperial LtdView IML share price and chartMixed Signal
Imperial Limited shareholders approve sale of company assets at 20th AGM
AGM / EGMImperial Limited submitted certified extracts of resolutions passed at its 20th Annual General Meeting on October 28, 2026, in Lahore. Shareholders adopted the financial statements for the year ended June 30, 2026, appointed Alam & Aulakh as auditors for 2026–27 at Rs. 1,500,000, and authorized the sale of the company’s assets at Karmanwala, Tehsil Phalia, District Mandi Bahauddin. The Board may implement the sale and negotiate terms, subject to obtaining the best available market price.
Key Findings
- The 20th AGM was held on October 28, 2026, at 12:00 p.m. in Lahore.
- Shareholders adopted the financial statements for the year ended June 30, 2026.
- Alam & Aulakh, Chartered Accountants, were appointed auditors for 2026–27 for Rs. 1,500,000.
- Shareholders consented to the sale of freehold land, buildings, plant and machinery, furniture and fixtures, equipment, and other assets at Karmanwala, Tehsil Phalia, District Mandi Bahauddin.
- The Board or its authorized representatives may negotiate and complete the asset sale, with the resolution allowing modifications required or directed by SECP without further shareholder approval.
Meeting Details
Meeting
Annual general meeting
Date
28/10/2026, 12:00 PM
Venue
Lahore
Meeting Details
Agenda
- Confirmation of minutes of the previous Annual General Meeting held November 27, 2025
- Adoption of financial statements for the year ended June 30, 2026, with the Auditors’ and Directors’ Reports and Chairman’s Review
- Appointment of auditors for 2026–27
- Consent and authorization for sale of company assets at Karmanwala, Tehsil Phalia, District Mandi Bahauddin
Resolutions
- Minutes of the previous AGM were confirmed.
- Financial statements for the year ended June 30, 2026, together with the Auditors’ and Directors’ Reports and Chairman’s Review, were adopted.
- M/s. Alam & Aulakh, Chartered Accountants, were appointed auditors for 2026–27 at a remuneration of Rs. 1,500,000.
- Shareholders consented to the disposal and sale of the company’s assets at Karmanwala, Tehsil Phalia, District Mandi Bahauddin, and authorized the Board to carry out and complete the sale.
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