Shareholders approved the 2025 financial reports and the Board's proposal to not distribute cash or bonus dividends for the fiscal year ending December 31, 2025.
The assembly approved the purchase of 5% of the company's shares as treasury shares, including a capital reduction if the shares are not disposed of within two years.
H.E. Rasheed Ali Rasheed Al Omaira was appointed as Group CEO while retaining his position as Chairman, and Mr. Hamad Obaid Hamad Taryam Al Shamsi was appointed as a new Board member.
Mazars was appointed as the auditor for 2026 with fees set at AED 703,500, and the assembly authorized the sale of dilapidated machinery to renew factory equipment.
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