Atlas Honda Limited Schedules Sixtieth Annual General Meeting

Lahore, Atlas Honda Limited has announced its Sixtieth Annual General Meeting (AGM) to be held on June 27, 2024, in Lahore. The notice for the AGM, set to be published on June 06, 2024, in Business Recorder and Nawa-I-Waqt newspapers, includes several key agenda items for shareholder consideration. According to information available from the Pakistan Stock Exchange (PSX), the meeting will address the confirmation of the previous AGM’s minutes, the adoption of audited financial statements for the fiscal year ended March 31, 2024, and the appointment of auditors.

The AGM will also propose the payment of a final cash dividend of Rs. 30 per share, in addition to an already paid interim dividend of Rs. 17.00 per share, as recommended by the board. Another significant item on the agenda is the approval to circulate annual audited financial statements via a QR-enabled code and weblink, transitioning from physical formats like USB/DVD/CD to digital, in compliance with the SECP’s recent directives.

The meeting will also allow for e-voting and proxy representation, with detailed provisions for shareholder participation in person or via video-link, ensuring broad accessibility. Shareholders are encouraged to register for the meeting by June 24, 2024, to participate in the proceedings.