⚡ Flash Summary

Mughal Iron & Steel Industries Limited is providing its shareholders with the option to vote on Agenda Item #4, a ‘Special Business’ matter, at the upcoming Annual General Meeting (AGM) scheduled for October 28, 2025. Shareholders can vote either through an electronic voting facility (E-voting) or by submitting a ballot paper. Digital Custodian Company Limited has been appointed as the E-voting service provider. The voting period for E-voting is from October 24 to October 27, 2025, while ballot papers must be received by October 27, 2025 to be considered.

📌 Key Takeaways

• 📅 Mughal Iron & Steel’s AGM is scheduled for October 28, 2025.
• 🗳️ Shareholders can vote on Agenda Item #4 via E-voting or ballot paper.
• 💻 E-voting is available from October 24 to October 27, 2025.
• ✉️ Ballot papers must be received by October 27, 2025.
• 🏢 Digital Custodian Company is the E-voting service provider.
• 📍 The AGM will be held at Avari Hotel, Lahore.
• 📜 The voting process adheres to the Companies (Postal Ballot) Regulations, 2018.
• 📧 E-voting details (web address, login) will be emailed to shareholders registered by October 16, 2025.
• 🔒 E-voting requires electronic signature or authentication for login.
• ✍️ Ballot papers must be signed and sent to the Chairman.
• 🆔 A copy of CNIC/Passport is required with ballot papers.
• ❌ Incomplete/incorrect ballot papers will be rejected.
• 🌐 Ballot paper available for download on company’s website (www.mughalsteel.com).
• 🏢 For corporate entities, board resolution/power of attorney is required with the ballot paper.
• 📜 Agenda Item #4 concerns ‘Special Business’ to be transacted at the AGM.

🎯 Investment Thesis

Given the lack of financial data in this announcement, a definitive investment recommendation is not possible. While the procedural announcement itself doesn’t inherently change the investment outlook, investors should monitor the outcome of the vote on Agenda Item #4 and its potential implications for the company’s strategy. A HOLD rating is appropriate until further financial information and strategic developments are available.