The Searle Company Limited held its 61st Annual General Meeting (AGM) on October 22, 2026, where several key resolutions were passed, including the approval of financial statements and the appointment of auditors.
- Meeting Date: October 22, 2026
- Time: 04:00 PM
- Venue: Khorshed Mahal, Avari Towers, Karachi (also available via video link)
- Resolutions Passed:
- Approval of minutes from the extraordinary general meeting held on June 12, 2026.
- Adoption of annual audited financial statements for the year ended June 30, 2026.
- Approval of a final cash dividend of PKR 1 per share for the financial year ended June 30, 2026.
- Appointment of M/s. KPMG Taseer Hadi & Co. as statutory auditors for the financial year ending June 30, 2027.
- Election of seven directors for a three-year term.
- Approval of remuneration for the CEO and a full-time director not exceeding PKR 90 million for the year ending June 30, 2027.
- Ratification of related party transactions for the year ended June 30, 2026, and authorization for future transactions.