Karachi: Shadab Textile Mills Limited has announced a final cash dividend of 12.50% for the year ended June 30, 2026. The decision was made during the company's 47th Annual General Meeting held on October 28, 2026.

During the meeting, shareholders reviewed and adopted the annual audited accounts along with the Directors' and Auditors' Reports for the financial year ending June 30, 2026. The company's board of directors recommended the dividend, which equates to Rs. 1.25 per ordinary share of Rs. 10 each.

In addition to the dividend announcement, the company re-appointed M/s Fazal Mahmood & Company, Chartered Accountants, as auditors for the financial year 2026-2027. The auditors will continue their role at the current level of remuneration.

According to information available from the Pakistan Stock Exchange (PSX), these resolutions reflect the company's ongoing commitment to maintaining transparency and returning value to its shareholders. The dividend decision and auditor re-appointment were unanimously approved by the shareholders, highlighting a steady course for the company in the coming fiscal year.

The resolutions passed at the meeting will be duly recorded in the Minutes Book of the company, ensuring compliance and adherence to corporate governance standards.