Lahore: Shareholders of D.G. Khan Cement Company Limited convened at their Annual General Meeting on October 27, 2026, to pass key resolutions concerning the company's financial and operational governance. The meeting, held at The Nishat Hotel in Lahore, outlined several significant decisions impacting the company's fiscal strategies and external audit arrangements.

On the agenda was the adoption of the audited un-consolidated and consolidated financial statements for the fiscal year ending June 30, 2026. Shareholders approved these documents, which included the Chairperson's Review and reports from the Directors and Auditors, thereby affirming the company's financial health and compliance with regulatory standards for the stated period.

Additionally, the assembly sanctioned a final cash dividend of PKR 1.00 per share, equivalent to a 10% return for shareholders. This dividend, as recommended by the Board of Directors, will be distributed to shareholders recorded in the member's register as of October 19, 2026.

A significant shift in the company's auditing practices was also ratified. KPMG Taseer Hadi & Co., Chartered Accountants, were appointed as the new external auditors for the fiscal year 2026-27, succeeding M/s A.F.Fargusons Chartered Accountants. This transition is expected to bring a fresh perspective to the company's audit processes, as recommended by the company's Audit Committee and Board of Directors. The Chief Executive Officer has been authorized to finalize the remuneration for the newly appointed auditors.

According to information available from the Pakistan Stock Exchange (PSX), these resolutions are set to enhance investor confidence and potentially influence the trading dynamics of D.G. Khan Cement Company Limited within the designated market category.

The resolutions passed at this AGM reflect the company's commitment to maintaining robust financial management and transparency while aligning with shareholder interests.