Karachi, Agriauto Industries Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on October 21, 2021 through video link.
The agenda of the meeting will 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 approve the final cash dividend of 120% i.e. Rs. 6/- per share for the year 2021-2021 as recommended by the Board of Directors of the Company, 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.
Further, the closed period of the company is from October 15, 2021 to October 21, 2021 (both days inclusive).
Agriauto Industries Limited is a Public Limited company, was incorporated in Pakistan on June 25, 1981. The Company is automotive components manufacturers in the private sector and also they acquire TS16949 certification.
The Company is engaged in the business of manufacturing and sailing of components for automotive vehicles, motor cycles and agricultural tractors.
The total number of shares they issued are 28,800,000. Earning Per Shares in 2020 is (1.03) which was 20.94 in 2019. The Net Profit Margin percentage has also decreased in 2020 and is (0.79%) which was 8.47% in 2019.