Macter members adopt AGM resolutions, including five-for-one share subdivision
AGM / EGMMacter International Limited reported resolutions adopted at its Annual General Meeting held on October 28, 2026. Members approved the audited financial statements for the year ended June 30, 2026, appointed auditors for the year ending June 30, 2027, elected nine directors unopposed for three years, and approved subdividing each Rs. 10 ordinary share into five Rs. 2 shares, with no change to aggregate share capital.
Key Findings
- The AGM was held on October 28, 2026.
- Members adopted the audited consolidated and unconsolidated financial statements for the year ended June 30, 2026.
- A. F. Ferguson & Co., Chartered Accountants, was appointed auditor for the year ending June 30, 2027.
- Nine directors were elected unopposed for a three-year term.
- Each existing Rs. 10 ordinary share will be subdivided into five ordinary shares of Rs. 2 each; the company states there is no change in aggregate share capital.
Meeting Details
Meeting
Annual general meeting
Date
28/10/2026
Meeting Details
Agenda
- Adoption of audited financial statements for the year ended June 30, 2026
- Appointment of auditors for the year ending June 30, 2027
- Election of directors
- Subdivision of shares
Resolutions
- Adopted audited consolidated and unconsolidated financial statements for the year ended June 30, 2026.
- Appointed A. F. Ferguson & Co., Chartered Accountants, as auditors for the year ending June 30, 2027; authorized the CEO and CFO to finalize remuneration.
- Elected nine directors unopposed for a period of three years: Amanullah Kassim, Asif Misbah, Swaleh Misbah Khan, Sheikh Muhammed Waseem, Sheikh Perwez Ahmed, Ahmer Hasan, Jawwad Ahmed Farid, Muhammad Ather Sultan, and Nusrat Munshi.
- Approved subdivision of each ordinary share of Rs. 10 into five ordinary shares of Rs. 2 each, ranking pari passu with no change in attached rights, privileges, or obligations.
- Approved related amendments to the memorandum and articles of association and authorized company officers to take steps to implement the resolutions.
⚡
Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.
