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Descon Oxychem Limited — Notice of 22nd Annual General Meeting and Final Dividend

Descon Oxychem Limited · Lahore · The Nation, 28 Sep 2026

Notice advertisement published in The Nation on Monday, 28 September 2026, listed under Lahore, Pakistan. Issued by Descon Oxychem Limited. The last date printed on the advertisement is Tuesday, 20 October 2026.

Newspaper clipping: Descon Oxychem Limited — Notice of 22nd Annual General Meeting and Final Dividend, The Nation, 28 Sep 2026

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Descon Oxychem Limited announces its 22nd Annual General Meeting (AGM) to be held on Tuesday, 2026-10-20 at 10:00 a.m. at the Company’s registered office: Descon Headquarters, 18-Km Ferozepur Road, Lahore. The Board has recommended a final cash dividend of 20% (PKR 2.00 per ordinary share) for the year ended 30 June 2026.

Agenda / Ordinary Business
To confirm the minutes of the last Annual General Meeting held on 24-02-2026. To receive, consider and adopt the Annual Audited Financial Statements of the Company for the year ended 30 June 2026 together with the Directors’ and Auditors’ reports. To appoint External Auditors for the ensuing year and to fix their remuneration. (Present auditors: M/s. Crowe Hussain Chaudhary & Co., Chartered Accountants — have retired and offered themselves for reappointment.) To approve, as recommended by the Board of Directors, payment of Final Cash Dividend @20% (i.e. PKR 2.00 per ordinary share) for the year ended 30 June 2026. To transact any other business with the permission of the Chair.

Agenda / Ordinary Business

To confirm the minutes of the last Annual General Meeting held on 24-02-2026.
To receive, consider and adopt the Annual Audited Financial Statements of the Company for the year ended 30 June 2026 together with the Directors’ and Auditors’ reports.
To appoint External Auditors for the ensuing year and to fix their remuneration. (Present auditors: M/s. Crowe Hussain Chaudhary & Co., Chartered Accountants — have retired and offered themselves for reappointment.)
To approve, as recommended by the Board of Directors, payment of Final Cash Dividend @20% (i.e. PKR 2.00 per ordinary share) for the year ended 30 June 2026.
To transact any other business with the permission of the Chair.

Annual Report & Access: The Annual Report is available via QR code and online at: https://www.descon.com/en/docs/annual-report-2026.pdf

Participation by Video Conference: Shareholders wishing to attend via video conferencing must register by emailing [email protected] with the subject “Registration for 22nd Annual General Meeting.” Registration must include a copy of the shareholder’s CNIC and required particulars (name, folio/CDC details and CNIC). Login credentials will be shared only with members who send the required information from their official email address at least 48 hours before the AGM.

Share Transfer Book Closure & Dividend Entitlement: The Company’s share transfer books will be closed from 2026-10-13 to 2026-10-20 (both days inclusive). Transfers received at Corplink (Pvt.) Limited by close of business on 2026-10-12 will be eligible for the final cash dividend.

Proxy & Attendance: A member entitled to attend and vote may appoint a proxy. Proxy forms, accompanied by a copy of the proxy’s CNIC, must be deposited at the Registered Office of the Company at least 48 hours before the time of the meeting.

Other Notes: Shareholders are requested to update their address and bank account/IBAN details with the Company’s Share Registrar or their respective Participants/CDC account holders for electronic dividend payment. Withholding tax rates on dividend payments are outlined (15% for taxpayers on the Active Taxpayer List; 30% for non-ATL taxpayers). Additional corporate formalities for corporate representatives and documentation requirements for nominee and joint holders are noted in the notice.

By order of the Board — Abdul Sohail, Company Secretary (Dated: 2026-09-28).

Published in The Nation on Monday, 28 September 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.

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