JVDC · Javedan Corporation Limited
Javedan Corporation Limited 64th AGM Resolutions and Dividend
Official PSX filing title: Certified Copy of the Resolutions adopted in the 64th Annual General Meeting
- Filed
- 19 October 2026 at 8:00 am
- Category
- Meetings
- Sentiment
- Good
- Impact
- High
Executive summary
Javedan Corporation Limited submitted the certified copy of resolutions adopted at its 64th Annual General Meeting held on October 17, 2026. Shareholders approved the annual audited financial statements, a final cash dividend of 60% (PKR 6 per ordinary share) and 12% to preference shareholders, the appointment of auditors, the disposal of its wholly-owned subsidiary Sapphire Bay Development Company Limited, related party transactions, and investments/renewals in associated undertakings.
Key takeaways
- Approved final cash dividend of 60% (PKR 6 per ordinary share) and 12% for preference shares.
- Adopted annual audited financial statements for the year ended June 30, 2026.
- Passed special resolution to dispose of 100% shareholding in wholly-owned subsidiary Sapphire Bay Development Company Limited.
- Approved limits for fresh investments and renewals of loans/advances in associated companies.
- #agm
- #dividend
- #resolutions
- #subsidiary_disposal
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