Mari Energies Limited Approves Financial Statements and Dividend at Annual Meeting

Karachi: Mari Energies Limited held its 42nd Annual General Meeting on September 25, 2026, during which shareholders unanimously approved key resolutions concerning the company's financial statements and dividend distribution.

The meeting saw the adoption of several resolutions, including the approval of Separate and Consolidated Financial Statements for the fiscal year ending June 30, 2026. These statements, audited by M/s A.F. Ferguson & Co., Chartered Accountants, were presented alongside the Directors' and Auditors' Reports. The approval signifies a formal endorsement of the company's financial health and transparency for the said period.

In addition to the financial statements, shareholders approved a final cash dividend of Rs. 18.70 per share, which translates to 187%. This decision reflects a robust financial performance by Mari Energies Limited and an intention to return value to its shareholders. This payout, as recommended by the Board of Directors, received unanimous consent.

Furthermore, the shareholders approved the continued appointment of M/s A.F. Ferguson & Co. as the Statutory Auditors for the financial year 2026-27. The approval of their services at a fee decided by the Board ensures continuity in the company's auditing processes.

According to information available from the Pakistan Stock Exchange (PSX), Mari Energies Limited falls under the designated market category of energy, playing a pivotal role in the sector's dynamics in Pakistan. The resolutions passed during the meeting signify a steady trajectory for the company, aligning with the strategic goals set forth by its leadership.