Announcement & Declaration

Announcements & Declarations

2020

Declarations

AHL Announces Interim Cash Dividend

AHL’s Board of Directors meeting was held on 28-Oct-19. Accordingly, the Board approved and declared an interim cash dividend for the year ending March 31, 2020 at Rs. 6.5 per share i.e. 65% for shareholders whose name appear on the Register of Members of the Company on the close of business on December 19, 2019. For further details, see the issued financial statements Click Here

The share transfer books of the Company will remain closed from December 20, 2019 to December 26, 2019 (both days inclusive).

2019

Declarations

Final Cash Dividend and Bonus Shares

Dear Shareholders, We are pleased to inform you that the Board of Directors of our company in their meeting held on April 24, 2019 at 11:00, at Karachi recommended a final cash dividend for the year ended March 31, 2019 at Rs. 10 per share i.e 100% and bonus shares in proportion of 1 for every 5 shares held i.e. 20% in addition to the interim cash dividend of Rs. 10 per share already paid.

Annual Budget 2020

Board of Directors of the Company has approved the Annual Budget of the Company for the year ending March 31, 2020, and thereby approved capital expenditure of Rs.1.63 Billion.

2018

Declarations

Approval of Final Cash Dividend

We are pleased to inform you that Final Cash Dividend @ Rs. 27 per share (270%) for the year ended 31 March 2018 has been credited electronically on June 29, 2018 into the designated bank account of the Company’s shareholders who have submitted their valid International Bank Account Number (IBAN) and Computerized National identity Card (CNIC).

Dividend payable to non-resident shareholders is being paid in accordance with the requirements of the State Bank of Pakistan.

Annual Budget 2019

Board of Directors of the Company has approved the Annual Budget of the Company for the year ending March 31, 2019 and thereby approved capital expenditure of Rs.2.2 Billion.

2017

Declarations

Approval of Final Cash Dividend

Dear Shareholders, We are pleased to inform you that after approval in Annual General Meeting held on June 19, 2017, 185% Final Cash Dividend Warrants for the year ended March 31, 2017 have been dispatched on June 19, 2017.

Election of Directors
Dear Shareholders, we have to inform you that the following persons have been elected as Directors at the Extraordinary General Meeting of the Company held at Faletti’s Hotel, 24-Egerton Road, Lahore on March 14, 2017 at 11:00 a.m., for a term of three years commencing from March 20, 2017.

New Directors

1. Mr. Yusuf H. Shirazi 5. Mr. Sanaullah Qureshi
2. Mr. Abid Naqvi 6. Mr. Yasutaka Uda
3. Mr. Hirofumi Yada 7. Mr. Susumu Mitsuishi
4. Mr. Jawaid Iqbal Ahmed 8. Mr. Saquib H. Shirazi

Annual Budget 2018

Board of Directors of the Company has approved the Annual Budget of the Company for the year ending March 31, 2018 and thereby approved capital expenditure of Rs.2.1 Billion.

2016

Declarations

Approval of Final Cash Dividend

Dear Shareholders, We are pleased to inform you that after approval in Annual General Meeting held on June 23, 2016, 145% Final Cash Dividend Warrants for the year ended March 31, 2016 have been dispatched on June 23, 2016.

2015

Declarations

Approval of Final Cash Dividend

Dear Shareholders, We are pleased to inform you that after approval in Annual General Meeting held on June 16, 2015, 120% Final Cash Dividend Warrants for the year ended March 31, 2015 have been dispatched on June 16, 2015.