Sapphire Fibres files certified resolutions passed at its 47th AGM
AGM / EGMSapphire Fibres Limited submitted the certified resolutions passed at its 47th Annual General Meeting held on October 28, 2026. Shareholders approved the audited financial statements for the year ended June 30, 2026, a final cash dividend of Rs. 10 per share (100%), appointment of auditors for the year ending June 30, 2027, and related-party transaction resolutions.
Payout
- Final cash dividend Rs 10 per share (100%)
Key Findings
- The 47th AGM was held at 3:00 PM on October 28, 2026 at Theatre Hall “A”, IBA City Campus, Karachi.
- Shareholders approved and adopted the audited financial statements for the year ended June 30, 2026.
- A final cash dividend of Rs. 10 per ordinary share (100%) was approved as recommended by the directors.
- Shinewing Hameed Chaudhri & Co. was appointed statutory auditor for the year ending June 30, 2027.
- Shareholders ratified related-party transactions disclosed for the year ended June 30, 2026 and authorized the Board to approve related-party transactions for the year ending June 30, 2027.
Meeting Details
Meeting
Annual general meeting
Date
28/10/2026, 3:00 PM
Venue
Theatre Hall “A”, IBA City Campus (Institute of Business Administration), Garden Kiyani Shaheed Road, Karachi
Meeting Details
Agenda
- Confirm minutes of the general meeting held on July 20, 2026.
- Receive, consider and adopt audited financial statements for the year ended June 30, 2026 and the Chairman’s review, Directors’ report and Auditors’ report.
- Approve final dividend for the year ended June 30, 2026.
- Appoint auditors for the year ending June 30, 2027 and fix their remuneration.
- Approve resolutions concerning related-party transactions.
Resolutions
- Confirmed minutes of the general meeting held on July 20, 2026.
- Approved and adopted audited financial statements for the year ended June 30, 2026.
- Approved final cash dividend of Rs. 10 per ordinary share (100%) for the year ended June 30, 2026.
- Appointed Shinewing Hameed Chaudhri & Co., Chartered Accountants, as statutory auditors for the year ending June 30, 2027; remuneration to be fixed by the Chief Executive.
- Ratified related-party transactions conducted during the year ended June 30, 2026 and authorized the Board to approve related-party transactions during the financial year ending June 30, 2027, subject to subsequent shareholder ratification/approval.
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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.