Karachi, The board of directors of Millat Tractors Limited has announced the agenda for its upcoming Annual General Meeting (AGM), scheduled to take place on [Date]. Shareholders and investors are gearing up for a crucial session that will address key matters, including the approval of a final cash dividend and the appointment of auditors for the fiscal year ending June 30, 2024.

One of the primary agenda items for the AGM is to confirm the minutes of the Extraordinary General Meeting (EGM) held on June 23, 2023. The minutes will be reviewed, and the proceedings of the EGM will be examined.

Additionally, shareholders will have the opportunity to hear the Chairman's Review, Directors' Reports, and Auditors' Reports on the company's performance and financial status. This comprehensive overview will provide valuable insights into the company's operations and financial health.

The most eagerly awaited item on the agenda is the approval of the final cash dividend. Shareholders will vote on whether to approve a cash dividend of Rs. 15.00 per share, which amounts to a generous 150% in addition to the interim dividend of Rs. 10.00 per share, already paid out, making a total cash dividend of Rs. 25.00 per share, i.e., an impressive 250.00%.

Furthermore, shareholders will also participate in the important decision of appointing auditors for the fiscal year ending June 30, 2024. The selection and remuneration of auditors play a critical role in ensuring transparency and accountability in the company's financial reporting.

In a statement, Millat Tractors Limited urged all shareholders to actively participate in the AGM. Shareholders are reminded that those who wish to be considered in time for the purpose of the payment of the final cash dividend and for attending and voting at the meeting must ensure that their shares are registered with Registrar Services Limited at, Karachi-74400 by the close of business on October 19, 2023.

The AGM promises to be a significant event for Millat Tractors Limited and its shareholders as they come together to shape the company's future and make crucial decisions regarding dividends and auditing practices.