Invest Capital Investment Bank Limited has informed the Pakistan Stock Exchange (PSX) of a significant corporate development regarding its external auditors. According to a material information notice dated May 6, 2026, the company’s auditors, Avais Chartered Accountants, have resigned from their position.
The audit firm had been appointed as the company’s auditors for the financial year ending June 30, 2026, following approval at the Annual General Meeting held on October 27, 2025. The resignation was reportedly prompted by the partners’ decision to substantially wind down the firm’s business operations.
In response to the resulting casual vacancy, the Board of Directors of Invest Capital Investment Bank Limited has stated that it will appoint new auditors within the timeframe prescribed under applicable regulations.
The disclosure was made in compliance with Section 96 of the Securities Act, 2015, and Clause 5.6.1(a) of the Pakistan Stock Exchange Regulations. The company has requested the PSX to disseminate this information to market participants and shareholders.
While the resignation does not indicate any disagreement with the company, investors and stakeholders will be monitoring the appointment of the new audit firm as part of the company’s ongoing governance and compliance framework.
