SURC · Suraj Cotton Mills Limited
Suraj Cotton Mills AGM Resolutions Passed: Dividend and Investment
Official PSX filing title: Resolutions Passed and Adopted in the Annual General Meeting of the Company held on Thursday, October 22, 2026
- Filed
- 22 October 2026 at 1:27 pm
- Category
- Meetings
- Sentiment
- Good
- Impact
- High
Executive summary
Suraj Cotton Mills Limited announced the resolutions passed at its 42nd Annual General Meeting held on October 22, 2026. Members approved the annual audited financial statements, a final cash dividend of Rs. 10 per share (100%), the re-appointment of auditors M/s. Riaz Ahmad & Company, and an equity investment of up to Rs. 50 million in associated company Premier Insurance Limited under Section 199 of the Companies Act, 2017.
Key takeaways
- Approved annual financial statements for the year ended June 30, 2026
- Declared a final cash dividend of Rs. 10 per share (100%)
- Re-appointed M/s. Riaz Ahmad & Company as auditors
- Approved equity investment up to Rs. 50 million in Premier Insurance Limited
- #agm
- #dividend
- #investment
- #financial-statements
- #resolutions
Please cross-check with the official PSX filing before making an investment decision.