Lahore: Sui Northern Gas Pipelines Limited (SNGPL) has scheduled its 62nd Annual General Meeting (AGM) for November 27, 2026, to be held at the company's head office on Kashmir Road, Lahore. The meeting, set to commence at 11:00 a.m., will address several key agenda items, including the confirmation of last year's AGM minutes and the adoption of the company's audited financial accounts for the fiscal year ending June 30, 2026.
Shareholders will also consider the approval of a final cash dividend recommended by the Board of Directors. The proposed dividend stands at Rs. 3.00 per share, representing a 30% payout on each Rs. 10 share. This distribution is to be made to shareholders recorded in the company's register as of the close of business on November 19, 2026.
The AGM will further deliberate on the appointment of external auditors for the upcoming fiscal year ending June 30, 2027. The Board of Directors has recommended M/s. A.F. Ferguson & Co., Chartered Accountants, for this role, following the suggestion of the Board Audit Committee. The meeting will also allow for the transaction of any additional ordinary business with the chairman's permission.
According to information available from the Pakistan Stock Exchange (PSX), Sui Northern Gas Pipelines Limited operates within the utilities sector. The announcement emphasizes the importance of timely share transfers, stating that transfers completed by the close of business on November 19, 2026, will qualify for dividend entitlements. The share transfer books will remain closed from November 20 to November 27, 2026, inclusive of both dates.