Lahore: Atlas Honda Limited convened its 62nd Annual General Meeting on June 29, 2026, at the Avari Hotel on Mall Road, focusing on pivotal matters pertaining to the company's financial and operational strategies. The meeting adhered to the regulatory requirements set forth by the Pakistan Stock Exchange.

The session, which followed the confirmation of minutes from the Extraordinary General Meeting held earlier in the year on March 13, ratified several critical resolutions. Foremost among these was the adoption of the Annual Audited Financial Statements for the fiscal year ending March 31, 2026. These documents, accompanied by the Directors' and Auditors' Reports, as well as the Chairman's Review Report, received unanimous approval.

In a move to ensure continuity in financial auditing, the company reappointed M/s ShineWing Hameed Chaudhri & Co., Chartered Accountants, to serve as auditors for the upcoming fiscal year ending March 31, 2027. According to information available from the Pakistan Stock Exchange (PSX), this decision underscores the company's commitment to maintaining a consistent auditing process.

The highlight of the meeting was the approval of a final cash dividend of Rs. 56 per share, translating to a 560% dividend rate, in addition to an interim cash dividend of Rs. 46 per share already disbursed for the year ended March 31, 2026. This substantial payout reflects Atlas Honda Limited’s robust financial performance and commitment to shareholder value, as recommended by the Board of Directors. The dividend applies to shareholders recorded in the Register of Members as of the close of business on June 15, 2026.

The resolutions passed during this meeting reflect Atlas Honda Limited's strategic focus on financial prudence and shareholder returns, setting a precedent for future corporate governance and financial management endeavors.