Lahore: Shareholders of LSE Financial Services Limited unanimously approved a series of resolutions during the company's Annual General Meeting, held at its registered office on November 27, 2024. The meeting resulted in the confirmation of previous minutes, adoption of financial statements, approval of a cash dividend, and the appointment of external auditors.

During the ordinary business session, shareholders confirmed the minutes of the Extra Ordinary General Meeting from November 21, 2023. This resolution was unanimously approved, ensuring continuity and validation of the company's previous decisions.

The shareholders also reviewed and adopted the Annual Audited Financial Statements for the fiscal year ending June 30, 2024. The Directors' and Auditors' Reports were considered alongside the financial statements, marking another unanimously agreed resolution to approve these documents.

In addition, a final cash dividend of Rs. 0.50 per share for the year ending June 30, 2024, was declared and approved. This decision followed the recommendation of the company's Board of Directors, reinforcing their commitment to returning value to shareholders.

According to information available from the Pakistan Stock Exchange (PSX), an important resolution was the appointment of M/s Kreston Hyder Bhimji, Chartered Accountant, as the External Auditor for the financial year 2024-25. This appointment was made at the same remuneration as the previous year, continuing the firm's association with the company.

The resolutions passed reflect the company's ongoing strategic goals and operational oversight, aligning with shareholder interests and corporate governance standards.