Sapphire Textile Mills Limited held its 58th Annual General Meeting on October 28, 2026, where several resolutions were passed regarding financial statements, dividends, and auditor appointments.
- Meeting Date: October 28, 2026
- Meeting Time: 04:00 PM
- Venue: Theatre Hall “A”, IBA City Campus, Karachi (also via Video Conferencing)
- Confirmed minutes of the previous Extraordinary General Meeting held on June 15, 2026.
- Approved Audited Financial Statements for the year ended June 30, 2026.
- Declared a final cash dividend of PKR 10 per share (100%) in addition to an interim dividend of PKR 10 per share.
- Reappointed M/s Shinewing Hameed Chaudhri & Co. as auditors for the year ending June 30, 2027.
- Ratified related party transactions for the year ended June 30, 2026, and authorized the Board to approve future transactions on a case-to-case basis.
- Transactions approved by the Board will be presented for shareholder ratification at the next AGM.