Karachi: Image Pakistan Limited is set to hold its Thirty-Fifth Annual General Meeting (AGM) on Tuesday, October 28, 2025, at its premises located at F/538, S.I.T.E., Karachi. The meeting will commence with the recitation of the Holy Quran at 9:00 am.
The agenda of the AGM includes a review and adoption of the Standalone and Consolidated Audited Financial Statements for the fiscal year ending June 30, 2025, accompanied by the Directors’ and Auditors’ Reports, as well as the Chairman’s Review Report. A significant item on the agenda is the appointment of auditors for the upcoming fiscal year, ending June 30, 2026, with the current auditors, M/s. Feroze, Sharif Tariq & Co., Chartered Accountants, being recommended for reappointment.
The Board of Directors has proposed a cash dividend of Rs. 1 per share, equating to a 10% payout for shareholders, pending approval at the AGM. According to information available from the Pakistan Stock Exchange (PSX), the company’s financial statements reveal a gross revenue of Rs. 5.22 billion for the year, with local sales contributing Rs. 4.05 billion and export sales Rs. 1.16 billion. The net revenue stood at Rs. 4.60 billion, with a gross profit of Rs. 2.12 billion, marking a very large or significant move with a 15.67% growth compared to the previous fiscal year.
Additionally, shareholders will be asked to ratify transactions conducted in the regular course of business with related parties, as disclosed in the company’s financial notes, and to authorize the Board of Directors to approve similar transactions for the upcoming year.
The Share Transfer Books will remain closed from October 23 to October 30, 2025. Shareholders wishing to participate in the AGM via video conference are encouraged to register by providing their details at least 48 hours prior to the meeting.
The meeting will also address any other business with the Chair’s permission and discuss guidelines for appointing proxies. Shareholders are reminded to comply with the Code of Conduct as per the Companies Act, 2017, and the Securities and Exchange Commission of Pakistan’s regulations.