⚡ Flash Summary

Escorts Investment Bank Limited held its 30th Annual General Meeting (AGM) on October 28, 2025. Shareholders approved the minutes of the 29th AGM held on October 28, 2024. The audited financial statements for the year ended June 30, 2025, along with related party transactions, auditors’ and directors’ reports, and the chairman’s review report, were also approved and adopted. M/s Ilyas Saeed & Co. Chartered Accountants were re-appointed as Statutory Auditors for the financial year ending June 30, 2026, with a remuneration of Rs. 1,000,000/- (Rupees One Million Only), excluding taxes.

📌 Key Takeaways

• 🗓️ AGM Date: 30th AGM held on October 28, 2025.
• 🏢 Venue: Bahria Grand Hotel & Resort, Bahria Town, Lahore at 11:30 AM.
• ✅ 2024 AGM Minutes: Minutes of the AGM held on October 28, 2024, were confirmed and approved.
• 🧾 Financial Statements: Audited financial statements for the year ended June 30, 2025, were approved.
• 🤝 Related Party Transactions: Approval included related party transactions.
• 🧑‍💼 Auditors’ and Directors’ Reports: Reports approved and adopted.
• 👨‍💼 Chairman’s Review Report: Approved and adopted along with financial statements.
• 👨‍💼 Auditor Re-appointment: M/s Ilyas Saeed & Co. re-appointed as Statutory Auditors.
• 📅 Audit Period: Auditors appointed for the financial year ending June 30, 2026.
• 💰 Auditor Remuneration: Remuneration set at Rs. 1,000,000/- (excluding taxes).
• 📜 Compliance: Resolutions passed in accordance with Pakistan Stock Exchange regulations.
• 🏦 Company Secretary: Zohaib Younas certified the resolutions.
• ✉️ Communication: Sent to Pakistan Stock Exchange Limited.

🎯 Investment Thesis

Given the lack of financial data in the announcement, a definitive BUY/SELL/HOLD recommendation is not possible. A HOLD rating is appropriate pending further information on the company’s financial performance and strategic direction. The time horizon is dependent on future financial releases.