Karachi: Service Long March Tyres Limited, during its 7th Annual General Meeting held on September 19, 2026, secured approval from its shareholders for several significant resolutions, solidifying the company's strategic and financial plans for the upcoming year. The meeting, which focused on ordinary business, concluded with the endorsement of the company's audited financial statements and other key motions.

According to the certified resolutions released on September 21, 2026, shareholders received, approved, and adopted the separate and consolidated audited financial statements for the fiscal year ending June 30, 2026. The financial documentation, which included the Directors' and Auditors' Reports along with the Chairman's Review Report, was circulated among the members prior to the meeting.

Additionally, the shareholders approved a final cash dividend of Rs. 0.83 per share, equating to 41.50% for the financial year ended June 30, 2026, as recommended by the Board of Directors. This decision aligns with the company's commitment to providing value to its investors.

In another significant development, the re-appointment of M/s. A.F. Ferguson & Company as the statutory auditors was sanctioned. The Chief Executive of Service Long March Tyres Limited was granted authority to negotiate and finalize the remuneration with the auditors, ensuring continuity and stability in the company's auditing processes.

According to information available from the Pakistan Stock Exchange (PSX), the resolutions passed are expected to reinforce investor confidence and maintain the company's position within the market.

These resolutions reflect the shareholders' trust in the company's management and strategic direction, setting a positive tone for the financial year ahead.