Karachi: Hafiz Limited has announced that its 75th Annual General Meeting (AGM) will take place on Thursday, October 22, 2026, at 2:30 p.m. The meeting will be held at the company's registered office located at 97, Alliance Building, 2nd Floor, Moolji Street, Mereweather Tower, Karachi.

The agenda for the AGM includes several key items of business. Shareholders will first be asked to confirm the minutes of the last AGM, which occurred on October 23, 2025. A significant portion of the meeting will focus on receiving, considering, and adopting the company's Annual Audited Accounts for the fiscal year ended June 30, 2026. This will be accompanied by the Directors' and Auditors' reports.

A notable proposal up for approval is the payment of a cash dividend of 30%, equivalent to Rs.3/- per share, for the year ended June 30, 2026. The financial statements, which are required by Section 223 of the Companies Act, 2017, have been made available on the company's website, in compliance with S.R.O. 389(1)/2023 issued on March 21, 2023.

Further, the AGM will consider the appointment of auditors for the fiscal year ending June 30, 2027, and the determination of their remuneration. Shareholders will also deliberate on the proposed increase in the Directors' Remuneration, examining the ordinary resolution outlined in the Statement of Material Facts.

According to information available from the Pakistan Stock Exchange (PSX), these proceedings are vital for ensuring transparency and accountability within the organization's governance structure. The designated market category for Hafiz Limited remains consistent with its operations and market performance.

The AGM will also provide a platform for shareholders to discuss any other business matters, subject to the Chair's approval. The meeting aims to address both routine and strategic issues, ensuring that the company remains on a stable financial trajectory.