MeCure Industries PLC has announced that its 2nd Annual General Meeting (AGM) will take place on Friday, October 3, 2025, at 10:00 a.m. The event will be held at the Lagos Oriental Hotel, Victoria Island, Lagos.
This meeting provides an opportunity for shareholders to review the company’s financial performance, make key governance decisions, and approve important resolutions.
Agenda Highlights
Ordinary Business
Presentation of the Audited Financial Statements for the year ended 31 December 2024, alongside the Directors’ and Auditors’ reports.
Declaration of a dividend.
Re-election of directors retiring by rotation:
Dr. Benedict Agbo
Mr. Chidi Okoro
Appointment of Messrs Olatunji Cole & Co as the new External Auditor, replacing Alexander Johnson & Co.
Authorization for directors to fix the auditor’s remuneration.
Disclosure of managers’ remuneration in line with the Companies and Allied Matters Act (CAMA) 2020.
Election of members of the Audit Committee.
Special Business
Approval of the remuneration of Non-Executive Directors.
Authorization of recurrent related-party transactions needed for daily business operations, in line with Nigerian Exchange (NGX) rules.
Proxy Participation
Shareholders who cannot attend physically are entitled to appoint a proxy to represent and vote on their behalf. Proxy forms must be submitted at the company’s registrar’s office (131, Ikorodu Road, Onipanu, Lagos) at least 48 hours before the meeting.
Why This Matters for Shareholders
Dividend Declaration: Investors will know if they’ll receive a payout from 2024 profits.
Board Elections: Reappointment of directors ensures continuity in governance.
Auditor Switch: Appointment of a new auditor could bring fresh oversight.
Transparency: Approval of remuneration and related-party transactions adds clarity on corporate governance.
📌 Bottom Line: The October 2025 AGM will be a key moment for MeCure Industries PLC shareholders to shape the company’s future direction while reviewing its past year’s performance.
