Oct 26, 2026, 3:13 PM
National Foods shareholders approve resolutions at the 2026 AGM
AGM / EGMNational Foods Limited filed a certified copy of resolutions passed at its Annual General Meeting held on October 26, 2026. Shareholders approved the FY2026 audited financial statements, a 100% final cash dividend, subdivision of Rs. 5 ordinary shares into Rs. 1 shares, related-party matters, and amendments concerning director remuneration.
Key Findings
- The AGM was held on October 26, 2026, and the submitted document is a certified copy of the resolutions.
- Shareholders approved the audited financial statements for the year ended June 30, 2026.
- A final dividend of 100% (Rs. 5 per ordinary share) was declared, totalling Rs. 1,165,577,125; it is payable to shareholders on the register at close of business on October 19, 2026.
- The issued and paid-up capital of 233,115,425 ordinary shares of Rs. 5 each will be subdivided into 1,165,577,125 ordinary shares of Rs. 1 each, with proportional entitlements.
- Shareholders approved amendments to the authorized capital and related constitutional provisions, related-party transactions, and a revised director remuneration provision.
Meeting Details
Meeting
Annual general meeting
Date
Oct 26, 2026, 12:00 AM
Meeting Details
Agenda
- Confirmation of minutes of the preceding AGM
- Approval of audited financial statements for the year ended June 30, 2026
- Declaration of final dividend
- Appointment of auditors
- Subdivision of ordinary shares and related amendments to authorized capital and constitutional documents
- Approval and ratification of related-party transactions and related-party transaction framework for the year ending June 30, 2027 and until the next AGM
Resolutions
- Confirmed the minutes of the AGM held on October 26, 2026.
- Approved the audited financial statements for the year ended June 30, 2026.
- Declared a 100% final dividend of Rs. 5 per ordinary share, totalling Rs. 1,165,577,125, payable to shareholders on the register at close of business on October 19, 2026.
- Appointed A.F. Ferguson & Co. as auditors until the conclusion of the next AGM, with remuneration to be fixed by the Board.
- Approved subdivision of each Rs. 5 ordinary share into five Rs. 1 ordinary shares, and amendments to authorized capital and the Memorandum and Articles of Association.
- Approved and ratified the addendum to the related-party transaction with Epicure FZCO and related-party transactions for FY2026; authorized the Board to approve specified related-party transactions for FY2027 and until the next AGM, subject to shareholder ratification at the next AGM where applicable.
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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.