UDL International Limited Approves Significant Resolutions in 5th Annual General Meeting

Karachi: UDL International Limited announced the approval of several key resolutions during its 5th Annual General Meeting, held on October 28, 2026. Shareholders convened at 10:00 a.m. to unanimously pass these resolutions, marking critical developments for the company’s governance and financial operations.

In the meeting, attendees confirmed the minutes of the previous Annual General Meeting, which took place on October 27, 2025. Furthermore, shareholders approved and adopted the audited financial statements for the fiscal year ending June 30, 2026. These documents included unconsolidated and consolidated financial statements, alongside the directors' report, auditors' report, and chairman review report.

A noteworthy highlight from the meeting was the approval of a final cash dividend of Rs. 1.25 paisa per share, equating to a 12.5% payout. This dividend will be distributed to shareholders listed on the Register of Members as of October 21, 2026.

Additionally, RSM Avais Hyder Liaquat Nauman, Chartered Accountants, were appointed as the external auditors for the upcoming financial year ending on June 30, 2027. The compensation for this role was determined based on the board's recommendations.

According to information available from the Pakistan Stock Exchange (PSX), UDL International Limited operates within the designated market category, contributing to the financial landscape and offering insights into shareholder decisions and corporate governance practices.