Karachi: Hafiz Limited has issued a notice for its 74th Annual General Meeting (AGM), scheduled to take place on October 23, 2025, at the company's registered office in Karachi. The meeting is set to address several key agenda items, including the confirmation of minutes from the previous AGM, adoption of the annual audited accounts for the fiscal year ending June 30, 2025, and approval of a cash dividend.

The company's board has recommended a cash dividend of 25%, equivalent to Rs. 2.5 per share, for the year ended June 30, 2025. Shareholders whose names appear in the register as of October 15, 2025, will be eligible to attend the meeting and vote. The share transfer books will remain closed from October 16 to October 23, 2025.

According to information available from the Pakistan Stock Exchange (PSX), Hafiz Limited's financial performance for the year ending June 30, 2025, shows a substantial profit before taxation of 63,170,000 rupees, up from 43,420,000 rupees in the previous year. The profit after taxation stood at 52,894,000 rupees, reflecting a very large or significant move in profitability. The company's revenue increased to 39,292,000 rupees, with operating expenses recorded at 16,753,000 rupees.

The AGM will also cover the appointment of auditors for the year ending June 30, 2026, and the discussion of any other business with the chair's permission. Shareholders have the option to participate in the meeting through video conferencing, provided they register 48 hours in advance.

Hafiz Limited's financial data reveals a robust equity balance of 572.08 million rupees and non-current assets amounting to 591.01 million rupees. The company maintained a current ratio of 4.0, indicating strong liquidity, and reported an earnings per share of 44.08 rupees.

The Chairman's review highlighted the company's adherence to governance regulations and its strategic focus amid challenging political and economic conditions in Pakistan. The board remains committed to ensuring the company's sustainability and long-term growth.

Shareholders are advised to comply with statutory requirements, including submission of CNIC copies and updates to their bank account information for electronic dividend payments. Tax implications on dividends will be determined based on the shareholder's status in the Active Taxpayer List, as per the Finance Act 2019.