Karachi: At the 45th Annual General Meeting of Fecto Cement Limited, held on Monday, October 26, 2026, the company’s shareholders passed several resolutions, including the approval of a significant dividend payout. The meeting took place at the Royal Rodale Sports and Recreational Complex, located in the Defence Housing Authority Phase V, Karachi.

During the meeting, the company confirmed the minutes from the previous Annual General Meeting held on October 27, 2025. This procedural approval was the first item on the agenda and was passed without opposition.

In addition, the shareholders reviewed and adopted the Annual Audited Financial Statements for the fiscal year ending June 30, 2026. The financial documents, which included both the Directors' and Auditors' reports, were presented and subsequently approved by the assembly.

Of particular note was the declaration of a final cash dividend. The board recommended, and the shareholders approved, a dividend of 40%, equating to PKR 4 per share. This dividend is payable to shareholders recorded in the company’s Register of Members by the close of business on Thursday, October 15, 2026. According to information available from the Pakistan Stock Exchange (PSX), this dividend is set to significantly impact the market category of construction and materials.

Fecto Cement's resolutions align with its corporate governance practices, ensuring transparency and accountability to its shareholders. The decisions made at the meeting reflect the company’s commitment to maintaining a steady financial trajectory and rewarding its investors.