Lahore: Stylers International Limited has announced its 3rd Annual General Meeting (AGM) scheduled for Tuesday, October 27, 2026, at 11:30 am. The meeting will take place at the company's registered office located at 20-KM, Ferozepur Road, Glaxo Town, Lahore, and will also be accessible via videoconferencing. The agenda includes discussions on the company's financial statements, dividend approvals, auditor appointments, and related party transactions.
The meeting will begin with the presentation of the company's annual audited financial statements for the year ending June 30, 2026. Shareholders will have the opportunity to review the Chairman's Message, along with the Directors and Auditor's Reports. As stipulated by Section 223 of the Companies Act, 2017, these financial documents have been made available on the company's website for download.
One of the key items on the agenda is the approval of a final cash dividend of Rs 0.75 per share, amounting to 7.5%, as recommended by the Board of Directors. This final dividend is in addition to the interim dividends already distributed, bringing the total cash distribution to Rs 1.50 per share, or 15%, for the fiscal year ending June 30, 2026.
The AGM will also address the appointment of auditors for the fiscal year 2026-27. The Board of Directors, following the Audit Committee's recommendation, has proposed the reappointment of M/s BDO Ebrahim & Company, Chartered Accountants, as the company's auditors.
In special business, shareholders will be asked to ratify and approve all related party transactions authorized by the Board of Directors during the fiscal year ending June 30, 2026. These transactions, detailed in the company's annual financial statements, require approval through a Special Resolution.
According to information available from the Pakistan Stock Exchange (PSX), Stylers International Limited's performance and strategic decisions are significant to investors within the designated market category. The company remains committed to maintaining transparency and shareholder engagement through its annual meeting and financial disclosures.