RAWALPINDI: Pakistan Oilfields Limited (POL) convened a board meeting on June 19, 2026, at POL House in Morgah, Rawalpindi. The primary agenda of the meeting was the approval of the company's budget for the fiscal year 2026-27.
According to the official communication from POL, the budget for the upcoming fiscal year was successfully approved by the board of directors. The meeting, which commenced at 10:30 am, did not include any decisions on entitlements such as dividends, bonus shares, or rights shares, as these were not part of the agenda.
According to information available from the Pakistan Stock Exchange (PSX), the meeting was categorized under 'Board Meeting Other than Financial Results,' emphasizing its focus on strategic planning rather than financial disclosures.
The meeting reflects POL's forward-looking strategy as it prepares for the financial year ahead, ensuring that the approved budget aligns with its operational goals and objectives.