Karachi, United Distributors Pakistan Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on November 26, 2021 at Karachi.
The agenda of the meeting will be confirming the minutes of Annual General Meeting held on October 28, 2020, to receive, consider and adopt the Annual Audited Financial Statements of the Company for the year ended June 30, 2021 together with the Directors and Auditors Reports thereon, to appoint auditors for the year ending June 30, 2022 and fix their remuneration and to transact any other business with the permission of the chair.
United Distributors Pakistan Limited was incorporated in Pakistan as a Public Company limited by shares. Its principal business activities are manufacturing, trading and distribution of pesticides, fertilizers and other allied products.
The companies include; Dow Agro Sciences (USA), FMC Corporation (USA), Pioneer Seeds (USA), Nichimen (Japan) and currently DuPont (USA). The businesses of FMC United as well as Pioneer Seeds were developed almost exclusively by UDL and currently have Joint Ventures with both of them.
The total number of shares of the Company is 35,271,134. The Earning per share is (6.32) in 2020 which was 1.64 in 2019. The Profit After Taxation in 2020 is (223,039,000) which was 50,371,000 in 2019.