Lahore: NETSOL Technologies Limited has successfully conducted its 28th Annual General Meeting (AGM) through a video link on October 18, 2024, where key resolutions were adopted, including the approval of audited financial statements and the declaration of a final cash dividend.

According to information available from the Pakistan Stock Exchange (PSX), the shareholders approved the separate and consolidated audited financial statements for the fiscal year ended June 30, 2024. These included the Chairman’s review, Directors', and Auditor’s reports, which were circulated among the members prior to the meeting.

The directors recommended a final cash dividend of 30% (Rs. 3 per share) for the fiscal year, which has now been declared payable by October 11, 2024, to shareholders listed as of the close of business on October 11, 2024.

Furthermore, the AGM granted authorization to the CEO, CFO, or Company Secretary to handle any necessary actions regarding the dividend distribution. This includes addressing any questions or issues that may arise concerning shareholders who are deceased or insolvent, ensuring all legal compliances are met.

In addition, M/s Crowe Hussain Chaudhury and Co., Chartered Accountants, were appointed as the company’s auditors until the next annual general meeting, replacing the previous auditors.