Lahore: NETSOL Technologies Limited has officially scheduled its 28th Annual General Meeting (AGM) for October 18, 2024, which will be held in Lahore Cantt and via video link to accommodate remote participants.

This year's AGM is set to focus on a review of the company's financial and operational accomplishments as detailed in the annual audited financial statements for the year ended June 30, 2024. According to information available from the Pakistan Stock Exchange (PSX), the financial results and strategic insights will be presented, encompassing both separate and consolidated reports prepared by the company’s directors, chairman, and auditors.

A significant agenda item is the proposed final cash dividend of Rs. 3 per share, which translates to a 30% dividend, as endorsed by the board of directors. This declaration underscores NETSOL's continued commitment to delivering shareholder value amidst its operational progress.

The shareholders will also engage in the reappointment of the company's auditors for the fiscal year 2024-25. The Audit Committee and the Board of Directors have put forward the reappointment of the incumbent firm, M/s Crowe Hussain Chaudhury and Co., Chartered Accountants, whose remuneration will be determined during the meeting.

Additionally, the Share Transfer Books of the company will remain closed from October 12, 2024, to October 18, 2024, to facilitate the processing of this dividend. All transfers received at the Lahore office by the close of business on October 11, 2024, will be eligible for the dividend payout to transferees.