SECP Sets Deadline for Companies to Hold AGMs

The Securities and Exchange Commission of Pakistan (SECP) has mandated companies with a financial year ending on June 30, 2026, to conduct their annual general meetings (AGMs) by October 28, 2026. According to the SECP, all relevant corporations must hold their AGMs and fulfill necessary filings within 120 days following the conclusion of their fiscal year. Post-AGM, entities must submit Form A if their details have changed, or Form 24 if there has been no alteration, as per SECP guidelines.

Private and sole proprietor businesses with a paid-up capital of up to Rs. 3 million are relieved from filing a return when there is no change in their information. Additionally, companies are obligated to submit Form 19 alongside their annual report, which encompasses various requirements such as issuing notices and maintaining the Ultimate Beneficial Ownership (UBO) register. In cases where an annual return is not mandatory, Form 19 must be submitted within 30 days after the end of the calendar year.

SECP has provided multiple channels for companies seeking assistance, including its help desk at 0800-88008, WhatsApp at 0326-7779999, eZfile at 051-3053919, or through the online portal. This directive was initially published on ProPakistani.