⚡ Flash Summary

Safe Mix Concrete Limited held its 19th Annual General Meeting on October 28, 2025, where shareholders approved key resolutions. These included confirming the minutes of the previous AGM, adopting the annual audited financial statements for the year ended June 30, 2025, and approving a final cash dividend of 25% (PKR 2.5 per share). Additionally, seven directors were re-elected for a three-year term, and M/s. Rehman Sarfaraz Rahim Iqbal Rafiq & Co. were appointed as external auditors for the year ending June 30, 2026.

📌 Key Takeaways

• ✅ Minutes of the 18th AGM held on October 25, 2024, were confirmed.
• 💰 Annual audited financial statements for the year ended June 30, 2025, were adopted.
• 💸 A final cash dividend of 25% (PKR 2.5 per share) was approved for the year ended June 30, 2025.
• 🏢 The dividend payout amounts to PKR 62,500,000 based on 25,000,000 outstanding shares.
• 📅 Shareholders of record as of October 20, 2025, will receive the dividend.
• 👥 Seven directors were re-elected for a 3-year term commencing October 28, 2025.
• 👩‍💼👨‍💼 Syed Najmudduja Jaffri, Abdus Samad Habib, Muhammad Kashif, Ahsan Anis, Abdul Qadir, Muhammad Siddiq Khokhar, and Anna Samad were re-elected as directors.
• 🧑‍💼 M/s. Rehman Sarfaraz Rahim Iqbal Rafiq & Co. were appointed as external auditors for the year ending June 30, 2026.
• 🤝 Transactions with Related Parties for the year ended June 30, 2025, were ratified.
• ✅ The Board is authorized to approve Related Party transactions for the financial year ending June 30, 2026, on a case-to-case basis.

🎯 Investment Thesis

HOLD. The company appears stable with consistent dividend payouts and adherence to corporate governance norms. However, without a detailed analysis of the financial statements and a sector comparison, it is difficult to make a strong buy or sell recommendation. A hold rating is appropriate until further financial information is available.