Hafiz Limited held its 75th Annual General Meeting (AGM) on October 22, 2026, where several key resolutions were passed.
- Meeting Date & Time: October 22, 2026, at 14:30 (2:30 PM)
- Venue: Registered Office, 97, Moolji Street, 2nd Floor, Alliance Building, Karachi
- Resolutions Passed:
- Confirmation of minutes from the previous AGM held on October 23, 2025.
- Adoption of Annual Audited Accounts for the year ended June 30, 2026.
- Approval of a cash dividend of PKR 3/- per share (30%) for shareholders on record as of October 14, 2026.
- Re-appointment of M/s. Mazars M.F. & Co. as auditors for the year ending June 30, 2027, with no change in remuneration.
- Approval of remuneration for directors: PKR 200,000/month for CEO Mr. Fakhruddin Usmani and PKR 175,000/month for Executive Director Mr. Quamruddin Osmani, effective July 1, 2026.
- No other business was discussed, and the meeting was adjourned.