Rawalpindi: Fauji Cement Company Limited (FCCL) has announced the scheduling of its 33rd Annual General Meeting (AGM) on September 30, 2025, at the Pearl Continental Hotel in Rawalpindi. The meeting, set to commence at 1500 hours, will address several key agenda items, including the adoption of audited financial statements and the appointment of statutory auditors for the upcoming fiscal year.
The company has also put forth a proposal for a final cash dividend payout of Rs 1.25 per share for the year ending June 30, 2025, as recommended by its Board of Directors. This dividend proposal is a prominent point of discussion for shareholders, who will also be tasked with confirming the minutes of the 32nd AGM and the 15th Extraordinary General Meeting held in the previous year.
In compliance with regulatory requirements, the notice of the AGM will be published in major newspapers across key cities, namely Rawalpindi, Islamabad, Lahore, and Karachi, on September 10, 2025. According to information available from the Pakistan Stock Exchange (PSX), these notices will also be dispatched to the Securities & Exchange Commission of Pakistan and the PSX in due course.
The meeting will further provide shareholders with an opportunity to transact any other business with the chairman’s permission. Additionally, the company has set forth arrangements for online participation to ensure broader engagement among its members, allowing them to attend via webinar platforms such as Zoom or Webex.
The share transfer books of FCCL will remain closed from September 24 to September 30, 2025, to facilitate the AGM attendance. Share transfers completed by September 23, 2025, will be considered timely for entitlements related to the meeting.
Among the routine procedures, shareholders are reminded to submit proxy forms and necessary identification documents well in advance of the meeting to ensure their ability to vote. Furthermore, shareholders holding joint accounts have been asked to provide information on their respective shareholding proportions to facilitate accurate tax deduction from dividends.
FCCL continues to encourage shareholders to convert physical shares into book-entry form, as mandated by the Pakistan Stock Exchange regulations. The company also emphasizes the importance of shareholders updating their International Bank Account Numbers (IBAN) to receive dividends directly into their bank accounts, adhering to the directives of the Securities and Exchange Commission of Pakistan.
The forthcoming AGM promises to be a pivotal event for Fauji Cement Company Limited, as it reviews past performance and sets the stage for future strategic decisions in the cement industry, categorized under the designated market category by the PSX.