Karachi: Sindh Abadgar's Sugar Mills Limited convened a meeting on January 26, 2026, where several key financial resolutions were adopted. The company, a significant player in the sugar industry, confirmed and approved its audited financial statements for the fiscal year ended September 30, 2025.

The shareholders unanimously resolved to adopt the audited financial statements, along with the Chairman's review and the reports from the directors and auditors. This approval underscores the company's commitment to transparency and accountability in its financial reporting.

In a notable move, the company declared a final cash dividend of 20%, amounting to Rs 2 per share, for the financial year ending September 30, 2025. This decision reflects the company's efforts to provide value to its shareholders.

Additionally, the meeting saw the reappointment of M/s Riaz Ahmad, Saqib, Gohar & Company as the statutory auditors for the upcoming financial year of 2025-2026. The firm will continue to oversee the company's auditing processes, ensuring compliance and accuracy in financial disclosures.

According to information available from the Pakistan Stock Exchange (PSX), Sindh Abadgar's Sugar Mills Limited's decisions are of significant interest to investors monitoring the sugar sector. These developments are expected to influence the designated market category, potentially impacting investor sentiment and market movements.

The resolutions passed during the meeting highlight the company's strategic approach towards financial management and shareholder engagement, reinforcing its role in the industry and its commitment to corporate governance.