Lahore: Crescent Steel and Allied Products Limited has officially announced its 42nd Annual General Meeting (AGM) set to take place on Wednesday, October 28, 2026. The meeting is scheduled for 11:00 AM at 503-E, Johar Town, Lahore, with an option to attend via video link.

The AGM's agenda includes the presentation and adoption of various reports and financial statements for the fiscal year ending June 30, 2026. Shareholders will review the Chairman's Review Report, Directors' and Auditors' Reports, along with the audited annual unconsolidated and consolidated financial statements of the company.

Key financial decisions are also expected, including the approval of a final cash dividend of Rs. 3.5 per share, which represents a 35% payout. This comes in addition to an interim cash dividend of Rs. 2 per share, culminating in a total cash distribution of Rs. 5.5 per share, equating to a 55% dividend for the year.

A significant item on the agenda is the appointment of the company's auditors. The Audit Committee and Board of Directors have recommended the reappointment of M/s A. F. Ferguson & Co. Chartered Accountants, with their remuneration to be fixed during the meeting.

According to information available from the Pakistan Stock Exchange (PSX), Crescent Steel and Allied Products Limited operates within the designated market category, continuing to maintain its position in the industry through strategic decisions and financial transparency.

This gathering is a crucial opportunity for the shareholders to engage with the company's leadership, discuss the financial health and future strategies, and make informed decisions on the company's governance.