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Lahore: Ghani Glass Limited has scheduled its 32nd Annual General Meeting (AGM) for October 28, 2024, at the Park Lane Hotel in Lahore. The meeting aims to address key corporate actions including the adoption of annual accounts and the declaration of a final cash dividend. The AGM will be held as detailed in a notice directed to the Pakistan Stock Exchange.
The agenda for the upcoming meeting includes the confirmation of the minutes from the Extraordinary General Meeting held on December 14, 2023. Top on the agenda is the review and adoption of the audited financial statements for the fiscal year ended June 30, 2024, alongside the Directors’ and Auditors’ reports.
A significant highlight of the meeting will be the proposal for a final cash dividend of 10%, equating to Rs. 1 per share, for the fiscal year just concluded. This move underscores the company’s continued commitment to delivering shareholder value. Additionally, the shareholders will appoint auditors for the coming fiscal year and address any further business with the approval of the Chair.
According to information available from the Pakistan Stock Exchange (PSX), the company’s share transfer books will remain closed from October 22, 2024, to October 28, 2024. This period will allow for the finalization of entitlements to the dividend payout. The closure aligns with the company’s dividend payment process, which requires that all shareholders registered by the end of business on October 21, 2024, be eligible for the dividend.
Members of Ghani Glass Limited holding shares as of the cut-off date have the right to attend the AGM, vote on resolutions, and can also appoint proxies to vote on their behalf. Proxy forms must be submitted to the company’s Share Registrar no later than 48 hours before the meeting, in accordance with regulatory requirements.If you are in the market for superclone Replica Rolex , Super Clone Rolex is the place to go! The largest collection of fake Rolex watches online!