⚡ Flash Summary

Ghani Chemical Industries Limited (GCIL) announced the decisions made during their board of directors meeting on November 4, 2025. Key decisions included the re-appointment of Mr. Masroor Ahmad Khan as Chairman and Hafiz Farooq Ahmad as CEO. The board approved an increase in remuneration for the CEO and Executive Director, Mr. Atique Ahmad Khan, from Rs. 1,450,625/month to Rs. 2,000,000/month. Additionally, Mr. Zubair Siddiqui was appointed as President of the Company.

📌 Key Takeaways

• ✅ Mr. Masroor Ahmad Khan re-appointed as Chairman.
• ✅ Hafiz Farooq Ahmad re-appointed as CEO.
• 💰 CEO/Executive Director remuneration increased from Rs. 1,450,625 to Rs. 2,000,000/month.
• 🗓️ First remuneration increase since PSX listing in November 2022.
• 🏢 Board committees constituted: Nomination, Audit & Risk Management, HR&R and Compensation.
• 💼 Mr. Zubair Siddiqui appointed as President.
• 🌍 Mr. Siddiqui brings 25+ years of international experience.
• 🤝 GCIL’s directors expect further growth under Mr. Siddiqui’s leadership.
• 📑 TRE Certificate Holders to be informed accordingly.
• 🗓️ Board meeting held on November 4, 2025, at 11:00 AM.
• 🏢 Meeting was the first after the election of directors.
• 🧪 GCIL operates in the medical/industrial gases & chemicals sector.
• 🇵🇰 GCIL is listed on the Pakistan Stock Exchange (PSX).

🎯 Investment Thesis

Given the limited financial information in the announcement, a HOLD recommendation is appropriate. The management changes and compensation increases could be positive signals, but further financial data is needed to justify a BUY rating. A SELL rating is not warranted at this time. Need to evaluate the company performance post these changes to give a clearer investment thesis.