Oct 23, 2026, 1:51 PM
Biafo Industries shareholders approve FY2026 accounts and final dividend at AGM
AGM / EGMBiafo Industries Limited issued a certified extract of resolutions passed at its 38th Annual General Meeting held on October 23, 2026. Shareholders approved the FY2026 financial statements, a final cash dividend of Rs. 2.50 per share in addition to the interim dividend of Rs. 2.50 per share, and the appointment of M/s Yousuf Adil, Chartered Accountants, as external auditors for FY2026–27.
Key Findings
- The 38th Annual General Meeting was held on October 23, 2026.
- The annual financial statements for the year ended June 30, 2026, together with the auditors’ and directors’ reports, were approved and adopted.
- A final cash dividend of Rs. 2.50 per share (25%) was approved, taking the total FY2026 cash dividend to Rs. 5.00 per share (50%) including the interim dividend.
- M/s Yousuf Adil, Chartered Accountants, were appointed external auditors for FY2026–27; the Board was authorized to finalize their remuneration.
Meeting Details
Meeting
Annual general meeting
Date
Oct 23, 2026, 5:00 AM
Meeting Details
Resolutions
- Approved the minutes of the 37th Annual General Meeting held on October 23, 2025.
- Approved and adopted the annual financial statements for the year ended June 30, 2026, together with the auditors’ and directors’ reports.
- Approved a final cash dividend of Rs. 2.50 per share (25%), in addition to the interim cash dividend of Rs. 2.50 per share (25%), for a total FY2026 dividend of Rs. 5.00 per share (50%).
- Appointed M/s Yousuf Adil, Chartered Accountants, as external auditors for FY2026–27 and authorized the Board to finalize their remuneration.
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Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.