Oct 22, 2026, 3:07 PM
Kohat Cement shareholders approve annual accounts, auditors, related-party transactions and loan to associate
AGM / EGMKohat Cement Company Limited reported resolutions passed at its 47th Annual General Meeting held on October 22, 2026. Shareholders adopted the annual financial statements for the year ended June 30, 2026, appointed A.F. Ferguson & Co. as external auditors, ratified related-party transactions, authorized specified related-party transactions for the year ending June 30, 2027, and approved a loan of up to PKR 600 million to associated company Ultra Kraft (Private) Limited.
Key Findings
- The 47th AGM was held on October 22, 2026, at 11:00 AM at the company's registered office in Kohat.
- Audited unconsolidated and consolidated financial statements for the year ended June 30, 2026 were approved and adopted.
- A.F. Ferguson & Co. was appointed external auditor through the next AGM for a total remuneration of PKR 8 million.
- Members ratified ordinary-course related-party transactions for the year ended June 30, 2026, including purchases of cement bags and other transactions.
- Members authorized ordinary-course related-party transactions with Kohat Cement Educational Trust, Ultra Pack, and Ultra Kraft through the next AGM, without a limitation on transaction amounts being stated in the resolution text supplied here otherwise than as specified in the resolution wording concerning amounts; the resolution lists the transaction types but no amounts for the prospective authorization.
Meeting Details
Meeting
Annual general meeting
Date
Oct 22, 2026, 11:00 AM
Venue
Company's registered office, Kohat Cement Factory, Rawalpindi Road, Kohat
Meeting Details
Resolutions
- Adoption of audited unconsolidated and consolidated financial statements for the year ended June 30, 2026, together with auditors' and directors' reports and the Chairman's Review.
- Appointment of A.F. Ferguson & Co. as external auditors, at total remuneration of PKR 8 million, through the next AGM.
- Ratification and approval of related-party transactions carried out during the financial year ended June 30, 2026.
- Authorization for ordinary-course related-party transactions with Kohat Cement Educational Trust, Ultra Pack (Private) Limited, and Ultra Kraft (Private) Limited through the next AGM.
- Approval of a loan of up to PKR 600 million to associated company Ultra Kraft (Private) Limited for one year from October 29, 2026, at a mark-up rate of 1.50% above three-month KIBOR or the company's average borrowing cost, whichever is higher.
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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.