Honeywell Flour Mills will hold its 17th Annual General Meeting today, September 16, 2026, at 11:00 a.m., virtually. The meeting will cover the company’s audited financial statements for the year ended March 31, 2026, alongside the reports of the directors, auditors and Audit Committee.
For shareholders, one of the key items is the proposed dividend of ₦0.20 per ordinary share. If approved, payment is scheduled for September 17, 2026, to shareholders whose names were on the register as of August 28. The dividend will be subject to applicable withholding tax.
The meeting will also seek shareholder approval for the re-election of three directors — Omoboyede Olusanya, Anders Kristiansson and Sadiq Usman. Other resolutions cover the appointment of the Statutory Audit Committee, auditor remuneration, disclosure of managers’ remuneration and remuneration for non-executive directors.
Another item investors may watch is the renewal of the company’s general mandate for related-party transactions. The proposed resolution would allow Honeywell Flour Mills to continue procuring goods and services from related parties under normal commercial terms consistent with its transfer pricing policy. Transactions entered into earlier in 2026 would also be ratified.
Beyond the ₦0.20 dividend, today’s AGM gives shareholders an opportunity to assess the company’s latest financial performance, board composition, governance arrangements and related-party dealings.
The key takeaway from the meeting will be how management explains the year’s performance and what it signals for earnings, dividends and the company’s outlook.
