The Securities and Exchange Commission of Pakistan (SECP) has directed companies whose financial year ended on June 30, 2026, to hold their Annual General Meetings (AGMs) by October 28, 2026. The regulatory direction applies to relevant companies required to conduct annual general meetings following the close of their financial year. The SECP has also reminded companies of their obligations to complete the required regulatory filings within the prescribed period, reinforcing the importance of timely corporate compliance following the end of the financial year.
According to the SECP, companies covered by the requirement must hold their AGMs and complete the necessary filings within 120 days from the close of their financial year. For companies whose financial year ended on June 30, 2026, the regulatory timeline places the AGM deadline on October 28, 2026. The requirement covers the completion of annual corporate reporting obligations and the submission of relevant information to the corporate regulator following the AGM.
The SECP has also outlined the filing requirements for companies in cases where information reported through the annual return changes following the AGM. Where there is a change in the relevant information, companies are required to submit Form A. Where there is no change in the information, Form 24 is required, subject to the applicable requirements. These forms are part of the regulatory framework through which companies provide updated corporate information to the SECP.
The regulator has provided a specific exemption for private companies and single-member companies with paid-up capital of up to Rs3 million in cases where there is no change in the information. Such companies are exempt from filing the return where the relevant information remains unchanged. The provision reduces the filing requirement for eligible smaller companies while maintaining the obligation to comply with the applicable corporate reporting framework where changes occur.
Companies are also required to submit Form 19 along with their annual return. The form includes information relating to the issuance of notices and the maintenance of the Ultimate Beneficial Owner (UBO) register. The requirement forms part of the SECP’s broader corporate transparency framework, under which companies are expected to maintain and provide information concerning beneficial ownership and other relevant corporate records.
The UBO register is an important component of corporate compliance because it provides information on the individuals who ultimately own or exercise control over a company. Companies covered by the relevant requirements must ensure that the register is properly maintained and that the required information is reflected in their regulatory submissions. The requirement to provide information through Form 19 alongside the annual return adds another layer to the annual compliance process for companies.
The SECP has further clarified the timeline for Form 19 in cases where submission of the annual return is not required. In such circumstances, Form 19 must be submitted within 30 days from the end of the calendar year. Companies falling within this category therefore remain subject to the requirement to provide the specified information even where they are not required to submit the annual return itself.
The October 28 deadline places companies with June 30 financial year-ends under a specific timetable for completing their annual corporate obligations. Companies are required to ensure that their AGM is conducted within the prescribed period and that the appropriate forms are submitted based on whether there have been changes in the relevant information. The SECP’s instructions also cover the documentation and information required in relation to annual returns, notices and beneficial ownership records.
The requirements underline the regulator’s focus on timely corporate reporting and maintaining updated company information. Companies covered by the June 30, 2026 financial year-end should therefore complete their AGM process and associated filings within the prescribed deadlines, while eligible private and single-member companies should determine whether the exemption for unchanged information applies to them. The SECP has reiterated the applicable timelines and filing requirements to ensure companies remain compliant with the corporate regulatory framework.
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