Peshawar: The Bank of Khyber has scheduled its Thirty Fifth Annual General Meeting for March 30, 2026, at 10:30 a.m. The meeting will be held at the bank’s head office, BOK Tower, located in Peshawar Cantt, with provisions for participation via video link. Shareholders will address several key agenda items during the meeting.
The ordinary business on the agenda includes confirming the minutes from the previous annual general meeting held on March 28, 2025, and reviewing and adopting the annual audited financial statements for the year ending December 31, 2025. Shareholders will also be briefed on the bank’s performance and future plans, alongside the appointment of auditors for the following year. The bank’s current auditors, M/s. PwC A.F. Ferguson & Co., have offered themselves for re-appointment.
A significant item on the agenda is the consideration of a final cash dividend for the year ending 2025, proposed at Rupees 1.70 per share, equating to 17%. This dividend is in addition to an interim cash dividend of Rupees 1.50 per share, or 15%, which was previously distributed.
The special business to be transacted includes ratifying an increase in the paid-up capital of the BOK Currency Exchange Company (Pvt) Limited. The board of directors approved this increase to PKR 1.00 billion in response to revised regulatory requirements set by the State Bank of Pakistan.
Shareholders are reminded that the share transfer books will be closed from March 23 to March 30, 2026, inclusive. Transfers received by the close of business on March 20, 2026, will be valid for meeting participation and entitlements. Proxies must be registered 48 hours before the meeting.
The meeting will comply with guidelines from the Securities and Exchange Commission of Pakistan (SECP), allowing maximum shareholder participation through video link. Shareholders wishing to join via this method must submit their details by March 25, 2026.
According to information available from the Pakistan Stock Exchange (PSX), the Bank of Khyber operates within the designated market category of financial institutions. The bank encourages shareholders to submit bank mandate details for electronic dividend payments to avoid withholding. Current withholding tax rates are 15% for shareholders on the active taxpayers list and 30% for those not listed.
The bank also advises shareholders to convert physical shares to a book entry form to comply with the Companies Act, 2017. Additionally, unclaimed dividends and share certificates should be collected from the Share Registrar.
The meeting will address any other business with the chair’s permission, and shareholders are encouraged to update their registered addresses promptly.