Lahore: Honda Atlas Cars (Pakistan) Limited, one of Pakistan's key automotive manufacturers, has announced several resolutions approved at its 33rd Annual General Meeting held on June 24, 2025. These resolutions include the approval of financial statements, a final cash dividend, and the appointment of auditors for the upcoming fiscal year.

The shareholders confirmed the minutes from the previous Annual General Meeting held on April 27, 2024, and approved the Annual Audit Financial Statements for the fiscal year ending March 31, 2025. This approval also encompassed the Directors' and Auditors' Reports, as well as the Review Report of the Chairman, demonstrating the company's compliance with regulatory standards.

A significant highlight of the meeting was the approval of a final cash dividend of Rs.8.0 per share, representing an 80% payout for the year ended March 31, 2025. According to information available from the Pakistan Stock Exchange (PSX), this move is classified as a Very large or significant move, reflecting the company's robust financial performance over the past year.

Furthermore, the meeting saw the appointment of M/s. A.F. Ferguson & Co., Chartered Accountants, as the auditors for the fiscal year ending March 31, 2026. The terms of their remuneration are to be negotiated with the company, ensuring an agreement that aligns with corporate financial strategies.

In addition to the core agenda, the meeting permitted the transaction of other business matters with the Chair's approval, ensuring flexibility in addressing emerging business needs. The resolutions passed are expected to shape the company's strategic direction in the upcoming fiscal year, impacting its stakeholders and market position within the designated market category.