Stylers International Ltd. Approves Dividend and Auditor Appointment at Annual General Meeting

Lahore: In a decisive meeting held at the registered office on Ferozepur Road, Stylers International Limited's shareholders convened for their Annual General Meeting on October 27, 2026. The gathering marked the approval of several key resolutions pertaining to the company's financial and operational directives for the fiscal year ended June 30, 2026.

The shareholders approved the Annual Audited Financial Statements, alongside the Directors' and Auditors' Reports, solidifying confidence in the company's financial health and governance structures. The meeting also saw the approval of a final cash dividend of Rs 0.75 per share, equating to a 7.5% return, as recommended by the Board of Directors. This brings the total cash distribution to Rs 1.50 per share, a 15% return for the year, including interim dividends already disbursed.

In addition to financial approvals, the appointment of M/s BDO Ebrahim & Company, Chartered Accountants, as the company's auditors was confirmed. This decision authorizes the Chief Executive Officer, along with other key directors and officers, to fix remuneration and handle related expenses, ensuring continuity in the company's audit processes.

The meeting also addressed and ratified all Related Party Transactions conducted during the fiscal year ending June 30, 2026. This ratification aligns with the powers conferred upon the Board of Directors by a Special Resolution passed in the previous Annual General Meeting on October 28, 2025.

According to information available from the Pakistan Stock Exchange (PSX), Stylers International Ltd. operates in the designated market category, reflecting its ongoing commitment to transparency and regulatory compliance.

The resolutions passed during the meeting underscore the company's forward-looking strategies and its dedication to upholding shareholder interests while navigating the complexities of the current economic landscape.