Karachi: Dynea Pakistan Limited, during its 42nd Annual General Meeting held on October 24, 2024, approved several key financial resolutions, including the adoption of audited accounts, declaration of final cash dividends, and reappointment of auditors for the fiscal year 2024-2025.

Shareholders of Dynea Pakistan Limited approved the audited accounts for the fiscal year ending June 30, 2024. The approval also encompassed the Chairman's Review Report and the Reports of the Directors and Auditors. In addition, a final cash dividend of Rs.10.00 per share, amounting to 200%, was sanctioned. This dividend is supplementary to the interim cash dividend of Rs.7.50 per share, equivalent to 150%, which had already been distributed earlier in the year, as recommended by the Board of Directors.

Furthermore, the shareholders confirmed the reappointment of Messrs. BDO Ebrahim and Co., Chartered Accountants, as auditors for the 2024-2025 fiscal year. The firm will receive remuneration amounting to Rs.2,809,200 plus applicable taxes annually. This fee covers the Annual Statutory Audit Fee, Half Yearly Review Fee, and the Report on the Listed Companies (Code of Corporate Governance) Regulations, 2019.

According to information available from the Pakistan Stock Exchange (PSX), these resolutions reflect Dynea Pakistan Limited's commitment to maintaining its financial transparency and corporate governance standards.