Key Takeaways
- SECP has set a deadline for companies to hold their AGMs by October 28, 2026.
- Companies must file Form A if their information has changed, or Form 24 if there has been no change.
- Private and single-member companies with paid-up capital up to Rs. 3 million are exempt from filing the return where there has been no change.
The Securities and Exchange Commission of Pakistan (SECP) has issued a directive to companies whose financial year ended on June 30, 2026, to hold their annual general meetings (AGMs) by October 28, 2026. This deadline ensures that all relevant companies comply with the regulatory requirements.
According to SECP, companies are required to complete the necessary filings within 120 days of the end of their financial year. This includes filing Form A if their information has changed, or Form 24 if there has been no change. These forms are crucial for maintaining the transparency and integrity of financial records.
SECP has provided several contact options for companies seeking guidance, including a help desk at 0800-88008, WhatsApp at 0326-7779999, eZfile at 051-3053919, and an online portal. These resources are designed to assist companies in navigating the filing process.
Private and single-member companies with a paid-up capital of up to Rs. 3 million are exempt from filing the return where there has been no change in their information. This exemption is intended to simplify the process for smaller entities.
Companies are also required to file Form 19 along with their annual return, which covers requirements such as the issuance of notices and the maintenance of the Ultimate Beneficial Ownership (UBO) register. This form is mandatory for all companies, regardless of their size or financial status.
SECP emphasizes the importance of compliance with these regulations, stating that non-compliance can result in penalties and legal action. Companies are encouraged to adhere to the guidelines to avoid any potential issues.
For further assistance, companies can contact SECP’s help desk or use the available online resources. SECP remains committed to supporting companies in their regulatory compliance efforts.
