OLP Modaraba Announces Net Profit and Dividend, Schedules 27th Annual Review Meeting

Karachi: OLP Modaraba has announced a net profit of PKR 160.705 million for the financial year ending June 30, 2026. The announcement was made following a meeting of the Board of Directors of OLP Services Pakistan (Private) Limited on September 15, 2026. In conjunction with the financial results, the Board approved a cash dividend at the rate of 25%, equating to PKR 2.50 per certificate of PKR 10 each, for the same period.

The 27th Annual Review Meeting (ARM) of the certificate-holders of OLP Modaraba is scheduled for Wednesday, October 28, 2026, at 11:00 a.m. The meeting will take place at the Iqbal Auditorium of the National Institute of Banking and Finance in Karachi and will be accessible both in person and electronically via a video link arrangement. The purpose of the meeting is to review the Modaraba's performance for the year ended June 30, 2026.

To determine eligibility for the dividend and attendance at the Annual Review Meeting, the transfer books for certificates will be closed from Wednesday, October 21, 2026, to Wednesday, October 28, 2026, inclusive. Transfers received at the office of the Registrar, FAMCO Share Registration Service (Pvt.) Ltd., by the close of business on Tuesday, October 20, 2026, will be considered timely for entitlement to the dividend and meeting attendance.

Certificate holders wishing to attend the meeting electronically must register by October 20, 2026, by sending their details to the designated email address. According to information available from the Pakistan Stock Exchange (PSX), the registration requires certificate holders to provide their name, CNIC number, Folio number, cell phone number, and email address. Following verification, a video link will be sent to those who have completed the registration process as required. Only registered members with matching details will be permitted to join the ARM via video conferencing.