Annual general meeting of Arif Habib Limited to be held on September 25, 2021


Karachi, Arif Habib Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on September 25, 2021 at Karachi.

The agenda of the meeting will be confirming the minutes of Annual General Meeting held on September 19, 2020, to receive, consider and adopt the Annual Audited Financial Statements of the Company for the year ended June 30, 2021, to consider and approve final dividend for the year ended June 30, 2021, in cash at Rs. 10 per share, i.e. 100% and by way of issue of fully paid bonus shares in the proportion of 1 share for every 100 shares held by the members i.e. 10% as recommended by the Board of Directors, together with the Directors and Auditors Reports thereon, to appoint auditors for the year ending June 30, 2021 and fix their remuneration and to transact any other business with the permission of the chair.

Further, the closed period of the company is from September 18, 2021 to September 25, 2021 (both days inclusive).

Arif Habib Limited is a public listed company incorporated in Pakistan. It is a premier brokerage and financial services firm engaged in Equity Trading, Investment Banking, Money Market and Forex, Commodities Trading and Securities Research, and listed at Pakistan Stock Exchange.

Arif Habib Limited’s brokerage operations in Pakistan are assisting scores of Institutional, Corporate, and High Net Worth and Retail clients.

The principal activities of the Company are investments, share brokerage, inter-bank brokerage, Initial Public Offer (IPO) underwriting, advisory and consultancy services. The shares of the Company are quoted in Pakistan Stock Exchange, and the symbol “AHL” is used for the shares of the Company.

The total number of shares the company has issued are 59,400,000 where the Earnings Per Share in 2020 is 1.00 which was (0.95) in 2019. The Profit After Taxation has increased in 2020 and is 59,856,000 which was (62,461,000) in 2019.