⚡ Flash Summary

Century Paper & Board Mills Limited will hold its 42nd Annual General Meeting (AGM) on October 28, 2025. The meeting will address the adoption of audited financial statements for the year ended June 30, 2025, appointment of auditors, and ratification/approval of transactions with associated companies/related parties. Shareholders can attend physically at the ICAP Auditorium in Karachi or virtually via video link. The company has uploaded the financial statements on its website and will also provide hard copies upon request. Share transfer books will be closed from October 21, 2025, to October 28, 2025.

📌 Key Takeaways

• 🗓️ AGM Date: October 28, 2025, at 03:00 p.m. at ICAP Auditorium, Karachi.
• 🏢 Venue: ICAP Auditorium, Chartered Accountants Avenue, Block 8, Clifton, Karachi.
• 💻 Virtual Option: AGM can be attended electronically through a video link facility.
• ✅ Agenda Item 1: Adoption of audited financial statements for the year ended June 30, 2025.
• 📄 Financial Statements: Available on the company’s website.
• 🔗 Website Link: https://centurypaper.com.pk/annual/2025.pdf.
• 👨‍💼 Agenda Item 2: Appointment of Auditors and fixing their remuneration.
• 🤝 Agenda Item 3a: Ratification of transactions with associated companies/related parties.
• ✔️ Special Resolution: Approval needed for transactions disclosed in Note No. 46.
• 👨‍💼 Agenda Item 3b: Authorization of CEO for transactions with associated companies during the year ending June 30, 2026.
• 🚫 Share Transfer Closure: October 21, 2025 to October 28, 2025.
• 🆔 CDC Members: Must bring participant’s ID, CDC account number, and original CNIC.
• 📱 Zoom Participation: Register with the Company Secretary’s office 24 hours before the AGM.
• ✉️ Contact for Zoom Registration: comsec@centurypaper.com.pk or Mobile/WhatsApp: 0315 5008228.
• 🎁 No Gifts: The company confirms that no gifts will be distributed at the AGM, in compliance with SECP directives.

🎯 Investment Thesis

Based solely on the AGM notice, a HOLD recommendation is appropriate. The announcement is procedural and lacks substantive information to warrant a change in investment stance. Access to the company’s financial statements and further analysis would be required for a more informed recommendation.