Aradel Holdings AGM 2026: Dividend, Board & Auditor Changes
Aradel Holdings Plc held its 31st Annual General Meeting virtually on July 30, 2026, and filed the resolutions passed at the meeting on July 31, 2026. The filing covers dividend declaration, director elections, auditor appointment, audit committee composition, and Non-Executive Director severance benefits.
Aradel Holdings Plc convened its 31st Annual General Meeting via Zoom on July 30, 2026, at 10:00am, where the Audited Financial Statements for the year ended December 31, 2025 were laid before members.
Shareholders approved a final dividend of ₦23.00 per ordinary share, payable to shareholders on the register as at the close of business on Friday, July 10, 2026.
Four directors — Chairman Augustine Olorunsola, CEO Adegbite Falade, CFO Adegbola Adesina, and Non-Executive Director Kerin Gunter — were re-elected by rotation. Four additional director appointments were ratified: Olusola Adeeyo, George Osahon, Mahmud Tukur, and Nnoli Akpedeye.
KPMG Professional Services was appointed as the company's auditor for the financial year ending December 31, 2026, replacing the retiring firm Deloitte & Touche. The Directors were authorised to determine KPMG's remuneration.
The Statutory Audit Committee for 2026 was constituted with three shareholder representatives and two Non-Executive Directors. Severance benefits for Non-Executive Directors were also fixed, with the Chairman receiving US$68,750 per year of service and other directors receiving US$40,500 per year of service, alongside post-retirement medical cover.
