⚡ Flash Summary
Sui Southern Gas Company Limited (SSGC) held its 71st Annual General Meeting on November 27, 2025, where shareholders adopted the annual audited financial statements for the year ended June 30, 2025. A final cash dividend of Re 0.5 per share (5%) was approved for the same period. The company also re-appointed M/s. BDO Ebrahim & Co. as external auditors for FY 2025-26 with a remuneration of Rs. 7.31 million, excluding out-of-pocket expenses. These resolutions indicate a continuation of current financial practices and shareholder returns.
📌 Key Takeaways
- ✅ Annual Audited Financial Statements for the year ended June 30, 2025, were adopted.
- 💰 A final cash dividend of Re 0.5 per share (5%) was approved for the year ended June 30, 2025.
- 🗓️ Dividend payable to shareholders registered as of November 19, 2025.
- 🏢 M/s. BDO Ebrahim & Co. re-appointed as external auditors for FY 2025-26.
- 💼 Auditor remuneration set at Rs. 7.31 million for FY 2025-26, excluding out-of-pocket expenses.
- 🤝 Resolutions passed at the 71st AGM held on November 27, 2025, in Karachi.
- 📜 Resolutions adopted by shareholders present in person/proxy or through electronic means.
- 📅 AGM held at Arena, Jade Hall, Karsaz Service Road, Karachi at 11:00 am.
- ✉️ Resolutions certified by Company Secretary, Fawad Ahmed Khan.
- 🏢 SSGC’s registered office is located at Gulshan-e-Iqbal, Karachi.
🎯 Investment Thesis
HOLD. The announcement provides limited information for a definitive investment decision. The dividend is positive, but further financials are needed to assess long-term value. A neutral stance is warranted until more comprehensive financial data is available.
Disclaimer: AI-generated analysis. Not financial advice.