Rawalpindi: Attock Petroleum Limited has scheduled its 29th Annual General Meeting (AGM), marking the 44th General Meeting of the company, to be held in Rawalpindi on October 17, 2024. The meeting aims to address several key points of business, including the approval of a significant final cash dividend.

The primary agenda for the AGM includes the receipt, consideration, and adoption of the audited financial statements for the fiscal year that concluded on June 30, 2024. These documents, accompanied by the Directors' and Auditor’s Reports, are pivotal to the meeting's discussions. According to information available from the Pakistan Stock Exchange (PSX), shareholders will also review and authorize the payment of a final cash dividend of 175%, amounting to Rs. 17.50 per share of Rs. 10 each. This final dividend comes in addition to an interim dividend of 100% or Rs. 10.00 per share, culminating in a total annual dividend of 275% or Rs. 27.50 per share for the year.

Further business includes the appointment of auditors for the upcoming fiscal year ending on June 30, 2025, and the authorization of their remuneration. This procedural appointment is standard for ensuring financial transparency and accountability in the forthcoming fiscal year.

The announcement of the AGM and dividend details reflect Attock Petroleum Limited's continued commitment to its shareholders and its adherence to corporate governance norms.