Javedan Corporation Limited held its 64th Annual General Meeting (AGM) on October 17, 2026, where several key resolutions were adopted.
- Meeting Date: October 17, 2026
- Venue: Naya Nazimabad Gymkhana, Karachi
- Confirmed minutes of the 63rd AGM held on October 18, 2025.
- Approved annual audited financial statements for the year ended June 30, 2026.
- Declared a final cash dividend of PKR 6 per ordinary share (60%) and 12% for preference shareholders, payable to shareholders on record as of September 29, 2026.
- Appointed M/s. Reanda Haroon Zakaria Aamir Salman Rizwan & Co. and M/s. Yousuf Adil & Co. as auditors for the year ending June 30, 2027.
- Approved the sale of 100% shareholding in Sapphire Bay Development Company Limited, a wholly owned subsidiary.
- Ratified related party transactions for the year ended June 30, 2026, and authorized future transactions as needed.
- Granted consent for fresh investments and renewals in associated companies, with specific limits outlined.
- Any other business was permitted at the discretion of the chair.