Karachi: UDL International Limited has announced that its 5th Annual General Meeting will convene on Wednesday, October 28, 2026, at 10:00 am. The meeting is set to take place at the NBFI & Modaraba Association of Pakistan, located at Office No. 602, Progressive Centre, 30-A, Block-6, PECHS, Shahrah-e-Faisal.

The agenda for the meeting includes ordinary business activities. The shareholders are expected to confirm the minutes from the last Annual General Meeting held on October 27, 2025. Furthermore, the meeting will address the approval of the Company's unconsolidated and consolidated audited financial statements for the fiscal year ending June 30, 2026. The financial review will be accompanied by the Directors' Report, the Auditors' Report, and the Chairmans' Review Report.

In a significant decision, the Board of Directors has recommended a final cash dividend of Rs.1.25 per share, translating to a 12.5% payout for the year ending June 30, 2026. Shareholders will vote on this proposal during the meeting to finalize the dividend distribution.

Another vital item on the agenda is the appointment of new auditors. The Board Audit Committee and the Board have nominated RSM Avais Hyder Liaquat Nauman, Chartered Accountants, to replace the outgoing auditors, Grant Thornton Anjum Rehman & Co Chartered Accountants. Shareholders will have the opportunity to approve this recommendation and set the auditors' remuneration.

According to information available from the Pakistan Stock Exchange (PSX), this meeting falls under the designated market category. The meeting will also cover any other business matters with the Chair's permission, ensuring comprehensive discussions on the Company's future directions.