Karachi: Murree Brewery Co. Ltd. held its 157th Annual General Meeting on October 25, 2024, where shareholders approved key resolutions including the adoption of the company's financial statements and the declaration of dividends for the fiscal year ended June 30, 2024.

The shareholders resolved to approve the Annual Audited Financial Statements, along with the accompanying Directors' and Auditors' Reports, and the Chairman's Review. This adoption ensures transparency and accountability in the company's financial dealings over the past fiscal year.

A significant resolution passed at the meeting was the approval of a final cash dividend of 150%, equating to Rs. 15 per share. This dividend comes in addition to the interim cash dividends of 25%, or Rs. 25.5 per share, already distributed to shareholders. Consequently, the total cash dividend for the year amounts to 405%.

In another resolution, M/s. KPMG Taseer Hadi and Co., Chartered Accountants, was appointed as the auditors of the company, with their term extending until the conclusion of the next Annual General Meeting. The fee for their services will be determined by the Chief Executive.

According to information available from the Pakistan Stock Exchange (PSX), these resolutions reflect critical financial decisions made during the company's annual meeting, underscoring its commitment to shareholder value and governance.