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Financial statements

Kohat Cement Company Limited Holds 46th Annual General Meeting

Strategic Insights

— 1 min read

The 46th Annual General Meeting (AGM) of Kohat Cement Company Limited was held on October 13, 2025, at the company's registered office on Rawalpindi Road, Kohat. At the meeting, shareholders adopted the annual audited accounts for the financial year ending June 30, 2025, and ratified transactions with related parties. The company also approved a short-term loan and reinforced its commitment to strategic financial management and strong governance. The AGM saw several significant resolutions passed, including the appointment of external auditors and the authorization of future transactions with related parties.

Key Takeaways:

  • The 46th AGM of Kohat Cement Company Limited was held on October 13, 2025, at the company's registered office on Rawalpindi Road, Kohat.
  • The shareholders adopted the annual audited accounts for the financial year ending June 30, 2025, and ratified transactions with related parties.
  • Rs. 8,485,760 was contributed to the Kohat Cement Educational Trust, which operates a school near the Kohat Cement Factory.
  • Rs. 1.53 billion was spent on purchasing polypropylene bags from Ultra Pack (Private) Limited, and Rs. 393.09 million on paper bags from Ultra Kraft (Private) Limited.
  • The company authorized the Chief Executive to approve upcoming transactions with related parties for the financial year ending June 30, 2026, without any transaction amount limitations.
  • The shareholders approved the renewal of a short-term running finance investment of up to PKR 600 million in Ultra Kraft (Private) Limited.
  • A penalty clause was included for any delayed payments on the short-term loan.
  • The resolutions passed during the AGM indicate Kohat Cement Company Limited's ongoing commitment to strategic financial management and strong governance.

Statistics:

  • Rs. 7.00 million: Total remuneration for Kohat Cement Company Limited's external auditors, M/s. A.F. Ferguson and Co. Chartered Accountants.
  • Rs. 8,485,760: Amount contributed to the Kohat Cement Educational Trust.
  • Rs. 1.53 billion: Amount spent on purchasing polypropylene bags from Ultra Pack (Private) Limited.
  • Rs. 393.09 million: Amount spent on paper bags from Ultra Kraft (Private) Limited.
  • PKR 600 million: Amount of short-term loan to be renewed in Ultra Kraft (Private) Limited.
  • 1.50%: Mark-up rate above the three-month KIBOR for the short-term loan.

Sources:

  • Kohat Cement Company Limited Annual General Meeting Minutes, October 13, 2025.
  • Pakistan Stock Exchange (PSX) information.

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