Karachi: Safe Mix Concrete Limited, in its 19th Annual General Meeting held on October 28, 2025, at Naya Nazimabad Gymkhana, Karachi, confirmed several key resolutions. The meeting, which adhered to Regulation No. 5.6.9(b) of the Pakistan Stock Exchange Limited Rule Book, covered both ordinary and special business.

The shareholders confirmed the minutes of the previous meeting held on October 25, 2024. Additionally, they adopted the annual audited financial statements for the fiscal year ending June 30, 2025, along with the accompanying reports from the auditors and directors.

A significant outcome from the meeting was the approval of a final cash dividend of 25%, equating to PKR 2.5 per ordinary share. This dividend, affecting 25,000,000 equity shares, totals PKR 62.50 million and will be distributed to shareholders recorded in the company's register as of October 20, 2025.

In accordance with Section 159 of the Companies Act, 2017, seven directors were re-elected to the board for a three-year term starting from the meeting date. The directors include Syed Najmudduja Jaffri, Mr. Abdus Samad Habib, Mr. Muhammad Kashif, Mr. Ahsan Anis, Mr. Abdul Qadir, Mr. Muhammad Siddiq Khokhar, and Mrs. Anna Samads.

The appointment of M/s. Rehman Sarfaraz Rahim Iqbal Rafiq & Co., Chartered Accountants, as external auditors for the year ending June 30, 2026, was also confirmed, with the board authorized to set their remuneration.

According to information available from the Pakistan Stock Exchange (PSX), the company ratified transactions with related parties for the year ending June 30, 2025. The board was authorized to approve similar transactions for the financial year ending June 30, 2026, subject to shareholder ratification in accordance with the Companies Act, 2017, and relevant regulations.