Lahore: Sazgar Engineering Works Limited has scheduled its 35th Annual General Meeting for September 26, 2026, at The Nishat Hotel in Lahore. The meeting is set to commence at 11:30 A.M., according to a notice released by the company.
The agenda includes several significant ordinary business items. Shareholders will review and adopt the Audited Annual Financial Statements for the fiscal year ending June 30, 2026. These will be accompanied by the Directors' Report, Auditors' Report, and the Chairperson's Review Report.
The appointment of auditors for the upcoming fiscal year will also be addressed. The current auditors, M/s Crowe Hussain Chaudhury & Co. Chartered Accountants, are set to retire but have expressed willingness for re-appointment. The Audit Committee and the Board of Directors have recommended their continued service.
A prominent item on the agenda is the approval of a final cash dividend. The Board of Directors has proposed a dividend of 200% of the current paid-up share capital, translating to Rupees 20 per ordinary share. This is in addition to an interim cash dividend of 500% already distributed, culminating in a total dividend of 700% for the year ending June 30, 2026.
According to information available from the Pakistan Stock Exchange (PSX), the market data and company announcements will likely influence investors' decisions at the upcoming meeting. The company's actions, particularly regarding dividends, are pivotal in the designated market category.