Karachi: Shareholders of Hinopak Motors Limited convened at the company's registered office for the 41st Annual General Meeting on July 28, 2026, where several key resolutions were adopted. The meeting was held to address ordinary business matters, including the approval of the audited financial statements, the declaration of a cash dividend, and the appointment of auditors.

At the meeting, which took place at 10:00 a.m., the shareholders approved the company's audited financial statements for the fiscal year ended March 31, 2026. This approval also encompassed the accompanying directors' and auditors' reports. The resolution authorized the Company Secretary to file the approved financial statements with the Securities and Exchange Commission of Pakistan and other relevant entities.

Additionally, the shareholders declared a full and final cash dividend of 109.10% or Rs. 10.91 per share for the fiscal year, as recommended by the Board of Directors. This dividend declaration aligns with the company's commitment to returning value to its shareholders.

The shareholders also re-appointed Messrs. A. F. Ferguson & Co., Chartered Accountants, as the auditors for the ensuing year. The auditors' remuneration will be determined through mutual agreement between the management and the auditors, with their tenure extending until the conclusion of the next Annual General Meeting.

According to information available from the Pakistan Stock Exchange (PSX), the resolutions passed at this annual meeting are part of the company's compliance with regulatory obligations outlined in the PSX Rule Book, specifically regulation 5.6.9 (b). This ensures transparency and adherence to established governance standards within the designated market category.