Lahore: Atlas Insurance Limited has announced that its 91st Annual General Meeting (AGM) will be held on Monday, April 20, 2026, at its registered office in Lahore. The agenda for the meeting includes both ordinary and special business items for consideration by the company’s members.

Among the ordinary business items, the AGM will review and approve the minutes from the last meeting held on April 15, 2025. Additionally, the company’s audited financial statements for the year ending December 31, 2025, along with the Directors’ and Auditors’ Reports, will be presented for adoption. In alignment with the interests of shareholders, a final cash dividend of 60% for the year ended December 31, 2025, is proposed for approval. Shareholders will also ratify a previously announced interim cash dividend of 25% disbursed during 2025. Furthermore, the appointment of auditors and their remuneration for the fiscal year ending December 31, 2026, will be decided, with the current auditors, BDO Ebrahim & Co., seeking reappointment.

On the special business front, the AGM will deliberate on a resolution to increase the company’s authorized capital from Rs. 1.50 billion to Rs. 3.00 billion. This increase will be achieved through the creation of 150 million new ordinary shares, each valued at Rs. 10. The Memorandum and Articles of Association of the company will be amended to reflect this change, ensuring that the newly issued shares hold equal voting rights and rank equally with existing shares.

The meeting will also address the approval of related party transactions conducted with Atlas Foundation and Atlas Asset Management Limited during the financial year ended December 31, 2025, and those anticipated for the year ending December 31, 2026. These transactions will be ratified and authorized for continuation under the auspices of the Board of Directors.

According to information available from the Pakistan Stock Exchange (PSX), Atlas Insurance Limited operates within the designated market category of the insurance sector.

Members are also invited to discuss any other business matters with the permission of the Chair. The company has circulated the statement under Section 134(3) of the Companies Act, 2017, regarding the special business items along with the meeting notice.