⚡ Flash Summary

First Capital Securities Corporation Limited has announced the list of individuals who have filed notices of their intention to stand for election as directors. The Annual General Meeting (AGM) is scheduled for October 28, 2025, where the election will take place. Since the number of nominees is equal to the number of director positions available, all listed individuals are deemed elected unopposed. This ensures continuity in the board’s composition as First Capital Securities Corporation Limited moves forward.

📌 Key Takeaways

• 📅 AGM Date: The Annual General Meeting (AGM) is scheduled for October 28, 2025.
• 📍 Location: The AGM will be held at First Capital House, Lahore.
• 🏢 Company: This announcement is from First Capital Securities Corporation Limited (FCSC).
• 📜 Compliance: The election process adheres to Section 159(4) of the Companies Act, 2017.
• 👤 Director Nominees: A total of 7 individuals have filed notices for director elections.
• 👩 Mrs. Aamna Taseer: One of the individuals nominated for director election.
• 👨 Mr. Shahbaz Ali Taseer: Included in the list of director nominees.
• 🧑 Mr. Umair Fakhar Alam: Another candidate seeking election as a director.
• 👨 Mr. Waqar Nisar: An Independent Director among the nominees.
• 👨 Mr. Shehryar Ali Taseer: Included in the list of director nominees.
• 👩 Miss. Shehrbano Taseer: One of the individuals nominated for director election.
• 👨 Mr. Haider Sajjad: An Independent Director among the nominees.
• ✅ Unopposed Election: Nominees are deemed elected unopposed due to the number of candidates equaling the number of open positions.
• 🗓️ Announcement Date: The announcement was dated October 21, 2025.
• ✍️ Company Secretary: Sajjad Ahmad signed the announcement as Company Secretary.

🎯 Investment Thesis

Given the lack of financial information in this announcement, a HOLD recommendation is appropriate. Investors should monitor the long-term impact of the new board composition on the company’s strategy and performance.