Karachi: Shareholders of Attock Petroleum Limited convened at the company's 31st Annual General Meeting on October 19, 2026, to approve key resolutions concerning the company's financial statements and dividend payments. The meeting, which was governed by regulations outlined in Clause 5.6.9(b) of the Rule Book of the Pakistan Stock Exchange, saw the adoption of significant proposals put forth by the board of directors.

The shareholders approved the audited financial statements for the fiscal year ending June 30, 2026, along with the accompanying reports from the directors and auditors. This approval marks a crucial step in maintaining transparency and accountability within the company's financial practices.

A major highlight of the meeting was the approval of a substantial final cash dividend. The resolution sanctioned a dividend of 400%, equivalent to Rs. 40.00 per share, on shares of Rs. 10 each. This comes in addition to an interim cash dividend of 200%, or Rs. 20.00 per share, already distributed to shareholders. In total, this amounts to a 600% dividend, translating to Rs. 60.00 per share for the fiscal year ended June 30, 2026.

Furthermore, the shareholders resolved to re-appoint M/s A. F. Ferguson & Co. as the chartered accountants for auditing the company's financials until the conclusion of the next Annual General Meeting for the fiscal year 2026-27. The Chief Executive Officer has been authorized to determine their remuneration.

According to information available from the Pakistan Stock Exchange (PSX), these resolutions reflect the company's commitment to ensuring robust financial management and delivering substantial returns to its investors. The outcomes of this meeting are seen as pivotal for the company's future strategic and financial planning.