⚡ Flash Summary

Punjab Oil Mills Limited will hold its 44th Annual General Meeting (AGM) on October 28, 2025, to discuss and adopt the audited financial statements for the year ending June 30, 2025. Shareholders will also vote on the appointment of auditors and cost auditors for the fiscal year ending June 30, 2026, and ratify related party transactions. The register of members and share transfer books will be closed from October 21 to October 28, 2025, inclusive.

📌 Key Takeaways

• 🗓️ The 44th Annual General Meeting (AGM) is scheduled for Tuesday, October 28, 2025, at 11:00 AM.
• 🏢 The AGM will be held at the company’s registered office in Islamabad.
• ✅ Shareholders will consider and adopt the audited financial statements for the year ending June 30, 2025.
• 🧑‍💼 Auditors will be appointed for the fiscal year ending June 30, 2026, with M/s Crowe Hussain Chaudhary & Co. recommended for reappointment.
• 💰 Cost Auditors (M/s BDO Ebrahim & Co.) will be appointed for the year ending June 30, 2026.
• 🤝 Shareholders will ratify and approve arm’s length transactions with associated companies.
• CEO is authorized to approve related party transactions for the year ending June 30, 2026.
• 🚫 The Register of Members and Share Transfer Books will be closed from October 21 to October 28, 2025.
• 🖥️ Members can participate in the AGM through electronic means as per SECP guidelines.
• 📧 Shareholders can send comments and suggestions on agenda items to cs@punjaboilmills.com.
• 🌐 The Annual Report for the financial year ended June 30, 2025, is available for download via a QR code and web link.
• ✉️ Shareholders can request hard copies of the Annual Report.
• 📵 The company prohibits distributing gifts at the General Meeting as per SECP regulations.
• ⚖️ Related party transactions are conducted on an arm’s length basis and reviewed by the Audit Committee.
• Directors with common directorships will not participate in decisions on related party transactions.

🎯 Investment Thesis

Based on the AGM notice alone, a HOLD recommendation is appropriate. The notice provides no specific financial performance data to justify a buy or sell decision. Investors should review the audited financial statements and related disclosures in the annual report to assess the company’s financial health, growth prospects, and valuation before making an investment decision.