⚡ Flash Summary
Indus Motor Company Ltd. held its 36th Annual General Meeting on October 9, 2025, where shareholders approved the audited financial statements for the year ended June 30, 2025. A final cash dividend of 500% (Rs. 50 per share) was approved, bringing the total dividend for the year to 1760% (Rs. 176 per share), including already paid interim dividends. The shareholders also approved the transfer of Rs. 9,000 million from the profits to the general reserve. Additionally, M/s. A.F. Ferguson & Co. were re-appointed as auditors for the year ending June 2026 with a remuneration of Rs. 5,500,000 (excluding Sindh Sales Tax).
📌 Key Takeaways
- ✅ Annual General Meeting held on October 9, 2025.
- 💰 Audited financial statements for the year ended June 30, 2025, were adopted.
- 💸 Final cash dividend of 500% (Rs. 50 per share) approved.
- ✨ Total dividend for 2024-2025 amounts to 1760% (Rs. 176 per share).
- 🏦 Combined interim dividend of 1260% (Rs. 126 per share) already paid.
- 📈 Profit available for distribution is PKR 23,009,659 thousand.
- резерв Transfer of Rs. 9,000 million to the General Reserve approved.
- 👨💼 M/s. A.F. Ferguson & Co. re-appointed as auditors for the year ending June 30, 2026.
- 🧾 Auditor remuneration fixed at Rs. 5,500,000 (excluding Sindh Sales Tax).
- 📅 Register of Members to determine dividend eligibility as of October 2, 2025.
- 🤝 Resolutions passed unanimously.
- 🏢 Meeting held at ICAP Auditorium, Clifton, Karachi and via video link.
🎯 Investment Thesis
Based on the strong financial performance, high dividend payout, and prudent financial management, a HOLD recommendation is appropriate. The company’s commitment to shareholder returns and financial stability are positive indicators. However, potential market, operational, and regulatory risks warrant caution.
Disclaimer: AI-generated analysis. Not financial advice.