Lahore: In a significant development, D.G. Khan Cement Company Limited announced the approval of several key resolutions during its Annual General Meeting (AGM) held on October 28, 2025. The meeting took place at The Nishat Hotel, Emporium Mall, Lahore, and was attended by the company's shareholders.
On the agenda was the adoption of the audited financial statements for the year ending June 30, 2025. These statements, both unconsolidated and consolidated, received unanimous approval from the shareholders, along with the Chairperson's Review, Directors' and Auditors' Reports.
A focal point of the AGM was the approval of a cash dividend. Shareholders endorsed a final cash dividend of PKR 2.00 per ordinary share, equating to a 20% payout for the fiscal year ending June 30, 2025. This decision aligns with the recommendations put forth by the company's Board of Directors and will benefit shareholders listed on the register as of October 14, 2025.
The election of directors was another critical item discussed. The shareholders elected seven directors for a new three-year term, as stipulated by Section 159 of the Companies Act, 2017. The elected directors, who were uncontested, include Mrs. Naz Mansha, Mr. Raza Mansha, Mr. Shehryar Ahmad Buksh, Mr. Khalid Niaz Khawaja, Mr. Usama Mahmud, Mr. Farid Noor Ali Fazal, and Mr. Shahzad Ahmad Malik.
Furthermore, the AGM approved the reappointment of M/s A. F. Ferguson & Co., Chartered Accountants, as the company's external auditors for the fiscal year 2025-26. The Chief Executive Officer has been authorized to negotiate and determine the auditors' remuneration for the upcoming fiscal year.
According to information available from the Pakistan Stock Exchange (PSX), the decisions ratified during this AGM align with regulatory compliance and the company's strategic financial planning. The outcomes of this meeting are expected to have a notable impact on the company's operations and shareholder value.
The resolutions passed at this AGM reflect the company's ongoing commitment to transparency, growth, and shareholder engagement within the designated market category.