Karachi: Colgate-Palmolive (Pakistan) Ltd. has announced the scheduling of its 47th Annual General Meeting (AGM), set to take place on September 26, 2025, at the ICAP Auditorium in Karachi, with an option for electronic attendance via video link. This meeting aims to address several key agenda items, including financial statements, dividend declarations, and auditor appointments.
The AGM will start at 3:30 p.m. and provide shareholders with an opportunity to review and adopt the audited financial statements for the year ending June 30, 2025. The company will also consider the Directors’ and Auditors’ reports as part of the meeting’s proceedings. Additionally, shareholders will vote on the proposed final cash dividend of Rs.29.50 per share. This final cash dividend comes in addition to an interim dividend of Rs.32.00 per share already paid earlier in the year.
Colgate-Palmolive (Pakistan) Ltd. has taken steps to facilitate shareholder engagement by offering a video conference option. Shareholders wishing to participate electronically must register with the Company Secretary’s office by 3:30 p.m. on September 25, 2025. The company emphasized that login credentials will be emailed to registered participants to ensure seamless participation on the day of the meeting.
The company has made the Annual Report 2025 available electronically in compliance with Section 223(6) of the Companies Act, 2017. The report can be accessed on the company’s website and the Pakistan Stock Exchange’s PUCARS system. Hard copies are available upon request.
Shareholders are reminded of the requirements for appointing proxies, with detailed instructions provided for both individual and corporate shareholders. Proxies must be submitted and validated at least 48 hours before the meeting, excluding holidays.
Important updates regarding electronic dividend mandates, income tax deductions, and Zakat exemptions have been communicated. Shareholders are encouraged to ensure their bank details, tax status, and Zakat declarations are up to date to prevent any interruptions in dividend payments.
The company has reiterated compliance with the Securities and Exchange Commission of Pakistan’s regulations prohibiting the distribution of gifts at AGMs.
According to information available from the Pakistan Stock Exchange (PSX), Colgate-Palmolive (Pakistan) Ltd. operates within the consumer goods sector, contributing significantly to the market.
The AGM presents an opportunity for shareholders to engage with the company’s leadership and discuss key financial and operational strategies moving forward.