Lahore: The Kot Addu Power Company Limited, in its 30th Annual General Meeting held on October 26, 2026, resolved several pivotal actions, solidifying its financial strategies and corporate governance for the upcoming year.

During the meeting, the company confirmed the minutes of its 15th Extraordinary General Meeting, which took place earlier this year on July 13. The company also adopted the Annual Audited Accounts for the fiscal year ending on June 30, 2026. This adoption included comprehensive details from both the Directors' Report and the Auditors' Report.

A significant resolution passed during the meeting was the approval of a final cash dividend. Shareholders will receive Rs. 1.50 per ordinary share, a distribution based on the financial year concluded on June 30, 2026. This dividend will be allocated to shareholders recorded in the Members Register as of the close of business on October 19, 2026. This decision follows the previously approved interim cash dividend of Rs. 1.50 per ordinary share, which has already been disbursed to shareholders.

Furthermore, the appointment of A. F. Ferguson & Co. as the external auditors for the fiscal year ending on June 30, 2027, was sanctioned. The audit fee will be determined through mutual agreement between the audit firm and the company's Board of Directors. According to information available from the Pakistan Stock Exchange (PSX), these resolutions align with Kot Addu Power Company Limited's strategy to maintain transparency and accountability in its financial practices.

The resolutions passed at the annual meeting underscore Kot Addu Power Company Limited's commitment to its shareholders and its adherence to high standards of corporate governance.