Karachi: Pakistan Refinery Limited has scheduled its 64th Annual General Meeting (AGM) for October 19, 2024. The meeting will be held at the company's premises in Karachi and will also be accessible via a video-link facility. This gathering aims to discuss key financial decisions and approvals for the past fiscal year.

The primary agenda for the meeting will include the reception and approval of the Audited Financial Statements for the fiscal year that ended on June 30, 2024. According to information available from the Pakistan Stock Exchange (PSX), the company will also review the reports from both the Board of Directors and the Auditors. Shareholders can access these documents through a specified weblink and QR code, adhering to the regulations set forth in Section 223 of the Companies Act, 2017, and pursuant to S.R.O. 389(1)/2023 dated March 21, 2023.

Additionally, the AGM will address the proposal recommended by the Board to declare a final dividend of 20%, which equates to Rs. 2 per share for the concluded financial year. Another significant item on the agenda is the appointment of the company’s auditors for the next fiscal year ending June 30, 2025, and the determination of their remuneration.

The meeting will also provide an opportunity to discuss any other business that may arise, with the permission of the Chair, ensuring that all pertinent issues are addressed effectively.