Atlas Honda : ABSTRACT OF RESOLUTIONS PASSED AT THE 59TH ANNUAL GENERAL MEETING
June 21, 2023 at 06:23 am EDT
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ABSTRACTS OF RESOLUTIONS PASSED IN 59th ANNUAL GENERAL MEETING OF THE COMPANY
ORDINARY BUSINESS
To confirm the minutes of the Extra Ordinary General Meeting held on Monday, March 13, 2023. Resolved that:
"the minutes of Annual General Meeting held on March 13, 2023 be and are hereby approved."
To receive, consider and adopt the Extra Ordinary General Meeting of the Company for the year ended March 31, 2023, together with the Directors' and Auditors' Reports thereon and the Review Report of the Chairman.
Resolved that:
"the Annual Audited Financial Statements of the Company for the year ended March 31, 2023 together with the Directors' and Auditors' Report thereon and the Review Report of the Chairman be and are hereby approved and adopted."
To appoint auditors for the year ending March 31, 2024. The retiring auditors M/s ShineWing Hameed Chaudhri & Co., Chartered Accountants, being eligible, have offered themselves for reappointment.
Resolved that:
"the M/s ShineWing Hameed Chaudhri & Co., Chartered Accountants, be and are hereby appointed as Auditors of the Company for the year 2023-24."
To consider and approve the final cash dividend of Rs.13 per share i.e. 130% in addition to interim cash dividend already paid for the year ended March 31, 2023 as recommended by the Board of Directors.
Resolved that:
"the cash dividend @ 130% (i.e. Rs.13/- per share of Rs. 10/- each) in addition to interim cash dividend @ 110% (i.e. Rs.11/- per share of Rs. 10/- each) already paid, be and is hereby approved for payment to those members of the Company whose names appeared in the Register of Members at the close of business on June 06, 2023."
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Atlas Honda Ltd. published this content on 21 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 June 2023 10:22:42 UTC.
Atlas Honda Limited is a Pakistan-based motorcycle manufacturer. The Company is engaged in manufacturing and marketing of motorcycles, spare parts and engine oil. The Company's customers mainly include dealers and institutions. The Company manufactures and sells various types of motorcycles in the categories of 70 cubic capacity (cc), 100 cc, 125 cc and 150 cc through a nationwide network of dealers. Its products include CD 70, CD70 Dream, Pridor, CG125, CG125S, CG125S GOLD, CB125F and CB150F. The Company also markets motorcycle parts and engine oil and offers after-sale services through its dealer network. It also exports its motorcycles and spare parts to Bangladesh and Afghanistan. The Company's manufacturing and assembly facilities are located in Karachi and Sheikhupura. It has a production capacity of over 1.5 million units per annum.
ATLAS HONDA LIMITED 
