⚡ Flash Summary
Tri-Star Power Ltd. held its Annual General Meeting on October 28, 2025, where shareholders approved the audited accounts for the year ended June 30, 2025. Additionally, M/s. Feroze Sharif Tariq & Co., Chartered Accountants, were appointed as the Statutory Auditors of the Company. The remuneration for the auditors was set at Rs. 200,000. This announcement indicates routine corporate governance activities.
📌 Key Takeaways
- ✅ AGM held on October 28, 2025.
- 💰 Audited accounts for the year ended June 30, 2025, approved.
- 👨💼 Directors’ and Auditors’ reports approved.
- 🏢 M/s. Feroze Sharif Tariq & Co. appointed as Statutory Auditors.
- 🧾 Auditor remuneration set at Rs. 200,000.
- 📅 Financial year-end confirmation as June 30, 2025.
- 📜 Compliance with PSX Regulations clause 5.6.9(b).
- 📊 Routine AGM resolutions passed.
- 🤝 Continued engagement with existing auditors.
- 🇵🇰 Company operating in Pakistan.
- 🏢 Company address: A/33, Central Commercial Area, Karachi.
🎯 Investment Thesis
Based solely on the announcement of AGM resolutions, a HOLD recommendation is appropriate. The news is routine and does not provide enough information to change the current investment stance. More information from the audited accounts is needed to make a definitive BUY or SELL decision.
Disclaimer: AI-generated analysis. Not financial advice.