Qualitek Labs Withdraws Director Remuneration Hike from AGM Agenda

Qualitek Labs Limited has announced the withdrawal of Agenda Item No. 4 from the notice of its upcoming Eighth Annual General Meeting (AGM) scheduled for September 25, 2026. This item pertained to a special resolution seeking approval to increase the overall remuneration payable to directors, including the Managing Director and Whole-time Directors, from 28% to 35% of the company's net profits. The Board of Directors, via a circular resolution on September 7, 2026, approved this withdrawal. Consequently, the proposed remuneration hike will not be discussed or voted upon at the AGM. The existing remuneration limit of 28% remains in effect. The company will issue a corrigendum to the AGM notice, which will also be available on its website. Other agenda items for the AGM remain unchanged.