⚡ Flash Summary

Imperial Limited has applied for an extension to hold its Annual General Meeting (AGM) for the financial year ended June 30, 2025. The company is requesting a 30-day extension, pushing the deadline to November 28, 2025. The reason cited is the ongoing audit, which is taking longer than expected due to the recent appointment of new auditors who are awaiting necessary information to complete their procedures. The company has submitted the application to the Securities and Exchange Commission of Pakistan (SECP) along with the required documents.

📌 Key Takeaways

• 📅 Imperial Limited has applied for a 30-day extension to hold its AGM.
• ⏳ The extension is for the financial year ended June 30, 2025.
• 🗓️ The new deadline, if approved, would be November 28, 2025.
• ✍️ The application was submitted to the SECP on October 9, 2025.
• 🏢 The reason for the delay is an ongoing audit.
• 👨‍💼 New auditors require more time due to pending information.
• 📜 The application includes a certificate from external auditors.
• 🧾 An affidavit signed by the Company Secretary is included.
• 💸 A paid challan of Rs. 15,025 has been submitted.
• 🏛️ The application references Sections 132(1) and 223(2) of the Companies Act, 2017.
• 📍 The company’s registered office is in Lahore.
• 📧 Correspondence can be sent to info@imperiallimited.co.
• 📞 The main contact number is +92 42 3575-8970.
• 🔍 The reference number for the application is IL-SECP/25/0079.

🎯 Investment Thesis

HOLD. The application for an extension to hold the AGM introduces uncertainty. While not inherently negative, it necessitates caution. An investment decision should be deferred until the audit is completed and the financial results are available for review. This will allow for a more informed assessment of the company’s financial health and future prospects.