Lahore: Avanceon Limited has announced its financial results for the year ended December 31, 2024, reporting no cash dividend, bonus shares, or right shares for its shareholders. The decisions were approved during the Board of Directors’ meeting held on March 27, 2025, at the company’s Regional Operations Centre in Lahore.
The financial results, which encompass both consolidated and standalone figures, were released on April 3, 2025. The company confirmed that no other entitlements, corporate actions, or price-sensitive information have been declared for the period under review.
Avanceon has scheduled its Annual General Meeting (AGM) for April 30, 2025, at 3:00 P.M. in Lahore. The company has also announced that its share transfer books will remain closed from April 23, 2025, to April 30, 2025, during which no share transfers will be registered. Share transfers received by the close of business on April 22, 2025, at the registrar’s office in Karachi, will be eligible for participation in the AGM.
According to information available from the Pakistan Stock Exchange (PSX), Avanceon Limited is categorized under the Industrial Goods sector. The company’s annual report will be made available via the Pakistan Unified Corporate Action Reporting System (PUCARS) at least 21 days prior to the AGM to ensure shareholders have adequate time to review the company’s performance and strategic initiatives.