Lahore: Berger Paints Pakistan Limited held its Annual General Meeting on October 25, 2024, where shareholders approved several critical resolutions. The meeting, which took place at the company's head office in Lahore and was accessible via video link, confirmed the minutes from the previous year's meeting, adopted the company's financial statements, appointed auditors, and approved a final cash dividend.

Shareholders unanimously confirmed the minutes of the Annual General Meeting held on October 24, 2023. They also received and adopted the audited unconsolidated and consolidated financial statements for the year ending June 30, 2024. The financial statements were presented with the Chairman's Review, Directors' Report, and Auditor's Reports.

In addition, M/s BDO Ebrahim and Co., Chartered Accountants, were appointed as the company's auditors for the fiscal year 2024-25. The Board of Directors has been tasked with fixing the auditors' remuneration.

The shareholders also approved a final cash dividend of 40%, equivalent to Rs. 4 per ordinary share of Rs. 10 each, as recommended by the Board of Directors.

According to information available from the Pakistan Stock Exchange (PSX), these resolutions align with the regulatory requirements of the PSX Rule Book.

The resolutions passed reflect the company's ongoing commitment to maintaining transparency and ensuring shareholder engagement in critical business decisions.