Biafo Industries Limited held its 38th Annual General Meeting on October 23, 2026, where several key resolutions were adopted.
- The minutes of the 37th AGM held on October 23, 2025, were unanimously approved.
- The Annual Financial Statements for the year ended June 30, 2026, along with the Auditors’ and Directors’ Reports, were adopted.
- A final cash dividend of PKR 2.50 per share (25%) was approved, adding to the interim dividend of PKR 2.50 per share declared earlier, totaling PKR 5.00 per share (50%) for the financial year.
- M/s Yousuf Adil, Chartered Accountants, were appointed as External Auditors for the financial year 2026-27, with the Board authorized to finalize their remuneration.