Biafo Industries Limited has announced its 38th Annual General Meeting (AGM) scheduled for October 23, 2026, to discuss various corporate matters.
- The AGM will take place at 11:00 AM at Dewan-e-Khass Hall, Islamabad Hotel, G-6, Civic Centre, Melody Market, Islamabad.
- Agenda includes:
- Approval of the audited financial statements for the year ended June 30, 2026.
- Approval of a final cash dividend of PKR 5.00 per share (50%).
- Appointment of auditors for the year 2026-27.
- Continuation of the minutes from the previous AGM held on October 23, 2025.
- Share Transfer Books will be closed from October 16, 2026, to October 23, 2026, inclusive.
- Members are entitled to appoint proxies to attend and vote at the meeting.
- Shareholders are advised to ensure their names are on the Active Taxpayers List (ATL) to benefit from reduced withholding tax rates on dividends.