Karachi: In a significant development, Symmetry Group Limited successfully passed a series of key resolutions during its 12th Annual General Meeting held on October 22, 2024, in Karachi. The meeting focused on confirming previous minutes, adopting financial statements, appointing auditors, and approving a final cash dividend for the financial year.

The first agenda item confirmed the minutes of the 11th Annual General Meeting, which took place on November 23, 2023. Shareholders approved the minutes, acknowledging the documentation of the previous year's proceedings.

The second resolution involved the adoption of the Annual Audited Financial Statements for the year ending June 30, 2024, along with the Directors' and Auditors' Reports and the Chairman's Review Report. Shareholders affirmed these documents, marking a crucial step in the company's financial transparency and accountability.

In the third item, M/s. Rehman Sarfaraz Rahim Iqbal Rafiq, Chartered Accountants, were appointed as the external auditors for the financial year ending June 30, 2025. The Board of Directors was authorized to determine the auditors' remuneration, ensuring the continuation of Symmetry Group's financial auditing processes.

The meeting concluded with the approval of a final cash dividend of Rs. 0.1 per share, equivalent to 10%, for the financial year ending June 30, 2024. According to information available from the Pakistan Stock Exchange (PSX), this dividend will be distributed to all shareholders listed in the company's register as of October 15, 2024.

The resolutions passed, as certified by the company, reflect Symmetry Group Limited's commitment to maintaining robust corporate governance and delivering value to its shareholders. The meeting granted the company's secretary the authority to complete necessary secretarial formalities related to these resolutions.