Thatta Cement schedules AGM for November 27, 2026; proposes minority dividend and subsidiary financing approvals
AGM / EGMThatta Cement Company Limited will hold its Annual General Meeting at Beach Luxury Hotel, Karachi, on November 27, 2026 at 10:30 AM. The agenda includes approval of the FY2026 audited financial statements, a proposed cash dividend of Rs. 0.50 per share for minority shareholders only, auditor appointment, and special resolutions for loans or advances to three subsidiaries. Share transfer books will be closed from November 19 to 27, 2026.
Payout
- Final cash dividend Rs 0.50 per share · Book closure 19/11/2026 to 27/11/2026
Key Findings
- The AGM is scheduled for November 27, 2026 at 10:30 AM at Beach Luxury Hotel, M. T. Khan Road, Karachi.
- The proposed final cash dividend is Rs. 0.50 per share, or 25%, for minority shareholders; majority shareholders have waived their dividend entitlement for the year ended June 30, 2026.
- Shareholders will consider loans or advances of up to Rs. 750 million each to Thatta Power (Private) Limited and Minsk Work Tractor & Assembling (Private) Limited, and up to Rs. 500 million to Thatta Automotive (Private) Limited.
- Share transfer books will remain closed from November 19 through November 27, 2026; transfers received by close of business on November 18 will be treated in time for the AGM.
- The meeting will also consider the FY2026 audited financial statements and appointment of external auditors for the year ending June 30, 2027.
Meeting Details
Meeting
Annual general meeting
Date
27/11/2026, 10:30 AM
Venue
Beach Luxury Hotel, M. T. Khan Road, Karachi
Book closure
19/11/2026 to 27/11/2026
Last transfer date
18/11/2026
Meeting Details
Agenda
- Confirm minutes of the annual general meeting held October 7, 2025.
- Receive, consider and adopt audited financial statements for the year ended June 30, 2026, with the Board of Directors’ and independent auditors’ reports.
- Consider and approve the final cash dividend for the year ended June 30, 2026: Rs. 0.50 per share (25%) for minority shareholders; majority shareholders have waived their entitlement.
- Appoint external auditors for the year ending June 30, 2027 and fix their remuneration.
- Consider special resolutions authorizing loans or advances to subsidiary companies.
- Transact any other business with the permission of the Chair.
Resolutions
- Authorize loans or advances up to Rs. 750 million to Thatta Power (Private) Limited.
- Authorize loans or advances up to Rs. 750 million to Minsk Work Tractor & Assembling (Private) Limited.
- Authorize loans or advances up to Rs. 500 million to Thatta Automotive (Private) Limited.
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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.
