Karachi: BRR Guardian Limited has announced the passage of both an Ordinary and a Special Resolution during its Annual General Meeting held on November 27, 2025. The company’s shareholders have confirmed and adopted several resolutions, with key highlights including the approval of the Audited Financial Statements for the fiscal year ending June 30, 2025.
During the meeting, which took place on November 28, 2025, the shareholders approved the financial statements alongside a series of auditor and director reports. The members also sanctioned a final cash dividend of Re. 0.5 per share, equivalent to a 5% distribution, reflecting appreciation for the company’s profitability and the CEO’s performance.
The election of company directors was another significant agenda item. The members re-elected Mr. Ayaz Dawood, Mr. Muhammad Ali Ayaz Dawood, Mr. Ghazanfar-Ul-lslam, Mr. Junaid Sakhi, and Mr. Amer Maqbool. Additionally, Mr. All Abdul Wahab and Miss Zahra Omar were newly elected to the board, each for a three-year term.
The appointment of M/s. Crowe Hussain Chaudhury & Co Chartered Accountants as the external auditors was confirmed to extend until the next AGM, with remuneration to be negotiated with the CEO.
Significant changes were made to the company’s Memorandum and Articles of Association. A new sub-clause in the Memorandum mandates that the company will adhere to Sharjah Rules and Principles. Additionally, a new sub-article was added, allowing for special resolutions to reserve a percentage of future issues for employees under a stock option scheme.
According to information available from the Pakistan Stock Exchange (PSX), the AGM also approved the allocation of 10% of the shareholders’ equity or paid-up capital as stock options for employees, aiming to attract, retain, and motivate staff to achieve the company’s business objectives. The approved resolution enables the issuance of up to 9,500,849 shares of nominal value Rs. 10 each under the BRR Guardian Limited Employees Stock Option Scheme 2025.
Furthermore, the company has been authorized to raise additional paid-up capital and issue up to 10% of the paid-up capital as further ordinary shares, specifically for employees under the ESOS scheme, without issuing rights shares. The board has been granted the authority to modify the scheme and related documents as necessary, ensuring compliance with the Companies Act, the memorandum, and articles of association, and other applicable laws.