Karachi: Wafi Energy Pakistan Limited has announced a 40% final cash dividend for the financial year ending December 31, 2025, following the resolutions passed at its 57th Annual General Meeting. The meeting took place on April 29, 2026, at the Pearl-Continental Hotel Karachi and was also accessible through a virtual video link.
According to the details of the resolutions, shareholders approved the audited financial statements for the year ending December 31, 2025, alongside the director’s and auditor’s reports. The approval included the declaration of a final cash dividend of PKR 4.00 per ordinary share of PKR 10 each, amounting to a 40% distribution. Shareholders eligible for the dividend are those listed in the register of members as of the close of business on April 20, 2026.
In addition to the dividend declaration, shareholders reappointed Messrs. Ernst & Young Ford Rhodes Sidat Hyder as the company’s auditors for the financial year from January 1 to December 31, 2026. The auditors will be compensated with a fee of PKR 11.47 million plus applicable taxes and out-of-pocket expenses.
According to information available from the Pakistan Stock Exchange (PSX), Wafi Energy Pakistan Limited operates within the designated market category of the PSX, aligning with the regulatory requirements for listed companies in the country. The resolutions passed at this meeting underscore the company’s commitment to maintaining transparency and financial diligence.
The decisions taken at the meeting reflect Wafi Energy’s ongoing efforts to ensure shareholder value and uphold its financial responsibilities. The reappointment of the auditors further emphasizes the company’s focus on maintaining rigorous audit standards and comprehensive financial reporting.