Islamabad: EFU Life Assurance Limited has announced the outcomes of its 33rd Annual General Meeting, which convened on March 25, 2025, in Islamabad. Shareholders unanimously passed several key resolutions, reflecting the company's financial decisions and planning for the upcoming year.

The meeting, held as per the Pakistan Stock Exchange (PSX) Regulations, resulted in the approval and adoption of the Annual Audited Accounts for the fiscal year ending December 31, 2024. The shareholders reviewed the Chairman's review, Director's report, and Auditors' report as part of the ordinary business proceedings.

A significant resolution passed was the approval of a Final Cash Dividend at a rate of 105%, amounting to Rs. 10.50 per share. This dividend is in addition to an Interim Cash Dividend of 45%, or Rs. 4.50 per share, which was previously distributed to shareholders for the same fiscal year. Shareholders eligible for this dividend were those holding shares at the close of business on March 18, 2025.

According to information available from the Pakistan Stock Exchange (PSX), another resolution confirmed the reappointment of KPMG Taseer Hadi and Co., Chartered Accountants, as the company's auditors. They will hold office until the conclusion of the next Annual General Meeting. The remuneration for the auditing services will be set by the management.

The decisions made during the meeting are set to influence the company's financial and operational strategies in the upcoming year, aligning with regulatory mandates and shareholder interests within the market category.