ISUZU Announces No Dividend or Share Adjustments in Annual Financial Results

Karachi: ISUZU has confirmed that its Board of Directors, in a meeting conducted via video conferencing on September 26, 2024, has approved the audited financial statements for the fiscal year ending June 30, 2024. The board has recommended no cash dividends, bonus shares, rights shares, or any other entitlements for this period.

The decision came during a detailed review of the company’s financial health, scrutinizing the year’s outcomes to guide future fiscal strategies. According to information available from the Pakistan Stock Exchange (PSX), the financial results detailed no distribution of profits in the form of dividends or share adjustments, signaling a strategic approach to capital management amid the company's current economic positioning.

The company also announced the scheduling of its Annual General Meeting for October 24, 2024, at Ghandhara Industries Limited, located on Hub Chauki Road, S.I.T.E., Karachi. In preparation for this meeting, the Share Transfer Books will remain closed from October 17, 2024, to October 24, 2024. Any transfers received at the Company's Share Registrar by the close of business on October 16, 2024, will be eligible for consideration concerning any entitlements.

Further, ISUZU plans to transmit the Annual Report through PUCARS at least 21 days before the Annual General Meeting, ensuring compliance with regulatory requirements and maintaining transparency with shareholders.