Karachi: Image Pakistan Limited, during its Annual General Meeting held on October 28, 2025, resolved several key matters concerning its financial and operational directives for the upcoming year. The meeting, in compliance with clause 5.6.9(b) of the Pakistan Stock Exchange (PSX) Regulations, focused on approving financial statements, appointing auditors, and sanctioning dividend distributions.
The attendees approved the Standalone and Consolidated Audited Accounts for the fiscal year ending June 30, 2025, along with the accompanying Directors’ and Auditors’ Reports. This endorsement reflects the company’s financial performance and governance in the past year.
A significant resolution included the appointment of M/s. Feroze Sharif Tariq & Co., Chartered Accountants, based in Karachi, as the new statutory auditors. They will serve at a remuneration of 1.00 million rupees.
Shareholders approved a final cash dividend of 1.00 rupee per share, equivalent to a 10% return for the year ending June 30, 2025. This is in addition to an interim dividend of 1.00 rupee per share, also representing a 10% return, which had been distributed earlier as recommended by the Board of Directors.
According to information available from the Pakistan Stock Exchange (PSX), Image Pakistan Limited’s decisions align with its strategic goals to maintain transparency and shareholder engagement. The company also ratified transactions conducted in the normal course of business with related parties, as disclosed in Note No. 36 for the year ended June 30, 2025.
Furthermore, the company has been authorized to execute transactions with related parties for the upcoming fiscal year ending June 30, 2026. Such transactions are subject to policy guidelines approved by the Board and will be presented to shareholders for ratification in the next Annual General Meeting.
This sequence of resolutions underscores Image Pakistan Limited’s commitment to adhering to regulatory standards and enhancing shareholder value through prudent financial management and oversight.