⚡ Flash Summary

Pak Leather Crafts Limited (PAKL) held its Annual General Meeting on October 28, 2025, where shareholders approved several key resolutions. These included confirming the minutes of the previous AGM, adopting the audited accounts for the year ended June 30, 2025, and reappointing M/s.RSM Avais Hyder Liaquat Nauman as auditors for the year ending June 30, 2026. Additionally, the shareholders elected seven directors for a three-year term, in accordance with the Companies Act 2017. The resolutions indicate routine corporate governance and compliance activities.

📌 Key Takeaways

• ✅ Minutes of the 36th Annual General Meeting held on October 28, 2024, were confirmed.
• 💰 Audited accounts for the year ended June 30, 2025, were adopted.
• 👨‍💼 M/s.RSM Avais Hyder Liaquat Nauman re-appointed as auditors for the year ending June 30, 2026.
• ✍️ Auditors’ remuneration to be fixed by the Chief Executive.
• 🏢 Seven directors elected for a three-year term.
• 📜 Election of directors in accordance with Section 159(1) of the Companies Act 2017.
• 🗓️ AGM held on October 28, 2025.
• 📑 Resolutions passed as per Rule 5.6.9(b) of the Pakistan Stock Exchange.
• 🤝 Directors to serve for the next three years.
• 📢 Information communicated to members of the Exchange.

🎯 Investment Thesis

Based on the limited information, a HOLD recommendation is appropriate. The announcement does not provide enough information to warrant a BUY or SELL decision. A detailed financial analysis is needed to determine a price target and time horizon.