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Riyadh - Mubasher: Al Battal Factory for Chemical Industries approved a series of key resolutions during its extraordinary general meeting (EGM) held on 22 June 2026.
The shareholders passed the auditor’s report, board report, and financial statements for 2025 and discharged the board from liability for the same period, according to a bourse filing.
Moreover, the assembly also approved the appointment of Al-Ayouti & Co. Certified Public Accountants as external auditor for the 2026 interim and annual financial statements, with a fee of SAR 195,000.
In addition, the meeting authorized the board to distribute interim dividends for 2026 and approved related-party transactions with Al Battal Holding Company and Al Battal Investment Company conducted under normal commercial terms.
Earlier in June 2026, Al Battal Factory for Chemical Industries announced a key development in its insurance claim process related to the fire incident at its Dammam facility in July 2025.