Descon Oxychem shareholders approve audited financial statements, appoint auditors and a 20% final cash dividend
AGM / EGMAt its 22nd Annual General Meeting on October 20, 2026, Descon Oxychem Limited shareholders approved the audited financial statements for the year ended June 30, 2026, appointed Crowe Hussain Chaudhury & Co. as statutory auditors for the year ending June 30, 2027, and approved a final cash dividend of 20% (PKR 2.00 per ordinary share).
Payout
- Final cash dividend Rs 2 per share (20%)
Key Findings
- The 22nd Annual General Meeting was held on October 20, 2026 at 10:00 AM at the Company's registered office.
- Shareholders confirmed the minutes of the Extraordinary General Meeting held on February 24, 2026.
- The audited financial statements for the year ended June 30, 2026 were approved and adopted.
- Crowe Hussain Chaudhury & Co. was appointed statutory auditor for the year ending June 30, 2027; remuneration will be determined by the Board.
- Shareholders approved a final cash dividend of 20%, equivalent to PKR 2.00 per ordinary share, for members on the register as of October 12, 2026.
Meeting Details
Meeting
Annual general meeting
Date
20/10/2026, 10:00 AM
Venue
Registered Office of the Company
Record date
12/10/2026
Meeting Details
Agenda
- Confirm minutes of the Extraordinary General Meeting held on February 24, 2026.
- Receive, consider and adopt audited financial statements for the year ended June 30, 2026.
- Appoint external auditors for the ensuing year and fix their remuneration.
- Approve the recommended final cash dividend of 20% (PKR 2.00 per ordinary share) for the year ended June 30, 2026.
Resolutions
- Confirmed and adopted the minutes of the Extraordinary General Meeting held on February 24, 2026.
- Approved and adopted the audited financial statements for the year ended June 30, 2026.
- Appointed Crowe Hussain Chaudhury & Co. as statutory auditors until the conclusion of the next Annual General Meeting, with remuneration as determined by the Board.
- Approved a final cash dividend of 20% (PKR 2.00 per ordinary share) for members whose names appeared on the register on October 12, 2026.
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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.