Lahore: Adamjee Insurance Company Limited has announced the approval of several key resolutions during its 64th annual general meeting, which took place on April 29, 2025. The meeting was conducted at Nishat Hotel, Gulberg, Lahore, and was available through video link for remote participants.

The shareholders adopted the standalone and consolidated audited financial statements for the year ending December 31, 2024. The resolution included the acceptance of the Directors' and Auditors' reports, alongside the Chairman's Review Report.

Additionally, the company declared a final cash dividend of Re.1.50 per share, representing a 15% payout. This decision was also approved by the shareholders during the meeting.

In matters concerning auditing, Riaz Ahmed & Co., Chartered Accountants, were appointed as the auditors for the upcoming term. The Chief Executive Officer of Adamjee Insurance is authorized to discuss and determine the remuneration for the audit services with the appointed firm.

According to information available from the Pakistan Stock Exchange (PSX), the meeting resolutions were passed in compliance with PSX Regulation 5.6.9(b), ensuring adherence to regulatory standards.

The market category for Adamjee Insurance Company Limited is designated as the insurance sector. The decisions made during this annual general meeting reflect the company's commitment to maintaining transparency and fulfilling shareholder expectations.