Lahore: MCB Bank Limited has announced plans to hold its 78th Annual General Meeting (AGM) on March 27, 2026, at 11:00 AM Pakistan Standard Time (PST) at the Grand Ball Room-A, 4th Floor, The Nishat Hotel, Lahore. The meeting will also be accessible via Zoom, providing an opportunity for wider participation.

The announcement, scheduled to be published in the daily “Business Recorder” and the daily “Jang” on March 6, 2026, includes a detailed agenda covering both ordinary and special business matters. The ordinary business on the agenda includes confirming the minutes of the previous AGM held on March 27, 2025, and reviewing the bank’s financial statements for the year ended December 31, 2025. The meeting will also address the appointment of new auditors, M/s KPMG Taseer Hadi & Co., Chartered Accountants, replacing the retiring auditors, M/s A. F. Ferguson & Co., Chartered Accountants.

According to information available from the Pakistan Stock Exchange (PSX), the board has recommended a total cash dividend of 360% for the year ending December 31, 2025. This comprises a final cash dividend of 90%, or PKR 9.00 per share, in addition to interim dividends already declared and paid. Members will vote on this recommendation during the meeting.

Additionally, the AGM will consider a special business proposal to amend the Directors’ Remuneration Policy. Members are encouraged to attend in person or via proxy, with procedures in place to facilitate voting through both electronic and traditional means.

The bank has also outlined procedures for e-voting and voting through ballot paper, ensuring compliance with the Companies (Postal Ballot) Regulations, 2018. Members who wish to participate via a video link must register by March 21, 2026. Share transfer books will be closed from March 18 to March 27, 2026, to determine the entitlement of the final cash dividend and eligibility to attend the AGM.

The AGM represents a key event in the bank’s calendar, providing shareholders with an opportunity to engage with the bank’s leadership and review its strategic direction.