Karachi: IGI Holdings Limited, a prominent entity in the financial sector, held its 72nd Annual General Meeting on April 30, 2026, at the Auditorium Hall of The Institute of Chartered Accountants Pakistan in Karachi. The meeting saw the approval of several key resolutions in compliance with Rule No. 5.6.9(b) of the Pakistan Stock Exchange (PSX) Rule Book.

During the meeting, the minutes of the previous annual gathering dated April 30, 2025, were officially approved. The shareholders also adopted the Standalone and Consolidated Audited Financial Statements of the Company for the fiscal year ending December 31, 2025. This included the Chairman’s Review Report, along with the Directors’ and Auditors’ Reports to the shareholders.

A major highlight was the approval of a final cash dividend of Rs. 5.50 per share, which translates to a 55% dividend on the existing paid-up capital for the year ending December 31, 2025. This is in addition to an interim dividend of Rs. 2.50 per share paid earlier in the year, culminating in a total cash dividend of 80% or Rs. 8 per share. According to information available from the Pakistan Stock Exchange (PSX), this payout aligns with the company’s financial performance and shareholder expectations.

The shareholders also appointed M/s A. F. Ferguson & Co, Chartered Accountants, as the auditors for the year 2026, with remuneration terms to be agreed upon with the company’s management. This decision ensures continuity in the auditing process and upholds the company’s commitment to financial transparency.

Additionally, the meeting saw the election of directors Syed Babar Ali, Mr. Shamim Ahmad Khan, Syed Hyder Ali, Syed Yawar Syed Shahid Ali Shah, Mr. Ali Ahsan, and Ms. Saima Amin Khawaja. These directors will serve a three-year term starting May 23, 2026, bringing diverse expertise to the company’s board.

The resolutions passed reflect IGI Holdings Limited’s strategic direction and commitment to maintaining robust corporate governance practices.