⚡ Flash Summary

Image Pakistan Limited held its Annual General Meeting on October 28, 2025, and approved the standalone and consolidated audited accounts for the year ended June 30, 2025. The company re-appointed Feroze Sharif Tariq & Co. as statutory auditors with a remuneration of Rs. 1,000,000. A final cash dividend of Rs. 1.00 per share (10%) was approved, in addition to an already paid interim dividend of Rs. 1.00 per share (10%). Related party transactions disclosed in Note No. 36 were also ratified.

📌 Key Takeaways

• ✅ AGM held on October 28, 2025.
• 🏦 Standalone and Consolidated Audited Accounts for the year ended June 30, 2025, approved.
• 👨‍💼 Feroze Sharif Tariq & Co. re-appointed as Statutory Auditors.
• 💰 Auditor remuneration set at Rs. 1,000,000.
• 💸 Final cash dividend of Rs. 1.00 per share (10%) approved.
• ➕ Additional interim dividend already paid at Rs. 1.00 per share (10%).
• 🤝 Total dividend for the year: Rs. 2.00 per share (20%).
• 📄 Related party transactions in Note No. 36 ratified.
• 🗓️ Authorization to carry out transactions with related parties for the year ending June 30, 2026.
• 🗣️ All transactions to be placed before shareholders in the next AGM.

🎯 Investment Thesis

HOLD. Image Pakistan demonstrates financial stability with consistent dividend payouts. While the high dividend yield is attractive, close monitoring of related party transactions is essential. A price target cannot be accurately defined without current market data. Maintain a hold position, reviewing the company’s performance and governance practices in subsequent reports.