Lucky Cement Limited Proposes PKR 1.2 Billion Investment in Mining Venture

Karachi: Lucky Cement Limited announced its financial results for the year ending June 30, 2026, and disclosed significant investment plans during a board meeting held on August 7, 2026. The company, a key player in the building materials sector, declared a cash dividend of PKR 5.00 per share. There were no bonus or right issues proposed.

The board has decided to recommend an additional equity investment of up to PKR 1.2 billion in National Resources (Private) Limited (NRL), a joint venture where Lucky Cement holds a 33.33% stake. NRL is actively engaged in the exploration and mining of metals, particularly copper and gold, in Chagai, Baluchistan. This investment aims to support pre-feasibility studies, including geological surveys and drilling. The proposal is contingent on shareholder and regulatory approvals, as mandated by the Companies Act, 2017, and related regulations.

According to information available from the Pakistan Stock Exchange (PSX), Lucky Cement's financial disclosures include consolidated and standalone statements, a comprehensive income statement, equity changes, and cash flow statements. These documents provide insights into the company's financial health and strategic direction.

The company's 33rd Annual General Meeting is scheduled for September 25, 2026, at its registered office in Pezu, Khyber Pakhtunkhwa. The share transfer books will be closed from September 18 to September 25, 2026, to facilitate the AGM and dividend distribution.

The annual report for the fiscal year ending June 30, 2026, will be distributed electronically via PUCARS, ensuring compliance with regulatory timelines.