Karachi: Unilever Pakistan Foods Limited has announced that its 27th Annual General Meeting (AGM) will take place on Tuesday, April 22, 2025, at 10:30 a.m. The meeting is scheduled to be held at the Overseas Investors Chamber of Commerce and Industry (OICCI) Chamber of Commerce Building on Talpur Road in Karachi.

The agenda for the AGM includes the reception, consideration, and adoption of the company’s financial statements for the fiscal year that ended on December 31, 2024. The meeting will also review the reports provided by the auditors and directors. Additionally, the company's shareholders will deliberate on the approval and declaration of a dividend for the year 2024 on the ordinary shares of the company.

The directors have proposed a final cash dividend of 6000% or Rs.600.00 per ordinary share. This final dividend follows a series of interim dividends paid throughout the year: the first interim dividend at 1430% or Rs.143.00 per share, the second interim dividend at 6230% or Rs.623.00 per share, and the third interim dividend at 5110% or Rs.511.00 per share. Consequently, the total dividend for the year 2024 amounts to 18770% or Rs.1877.00 per ordinary share.

The AGM will also address the appointment of auditors for the upcoming year and the determination of their remuneration. Messrs KPMG Taseer Hadi and Co., Chartered Accountants, who currently hold the position, have indicated their willingness to continue and have offered themselves for re-appointment.

According to information available from the Pakistan Stock Exchange (PSX), Unilever Pakistan Foods Limited is classified under the designated market category. The announcement of the AGM and the proposed dividend distribution are significant for shareholders and investors tracking the company's financial performance and strategic decisions.

The notice of the AGM was issued on March 27, 2025, and shareholders are expected to participate in the meeting to discuss these critical matters.