⚡ Flash Summary

Mahmood Textile Mills Ltd. held its 55th Annual General Meeting on October 28, 2025, where several resolutions were passed. These included confirming the minutes of the Extraordinary General Meeting held on June 30, 2025, and adopting the annual audited financial statements for the year ended June 30, 2025. Additionally, M/S Crowe Hussain Chaudhry & Company was appointed as auditors until the next AGM, with the CEO authorized to fix their remuneration. The meeting also ratified related party transactions carried out during the financial year ending June 30, 2025, empowering the Board of Directors and key officers to execute necessary actions.

📌 Key Takeaways

• 🗓️ The 55th Annual General Meeting (AGM) of Mahmood Textile Mills Ltd. took place on October 28, 2025.
• ✅ Minutes from the Extraordinary General Meeting held on June 30, 2025, were confirmed.
• 👍 Annual Audited Financial Statements for the year ending June 30, 2025, were approved by the Board of Directors.
• 👨‍💼 M/S Crowe Hussain Chaudhry & Company was appointed as the new auditor.
• 🤝 CEO is authorized to fix the remuneration of the appointed auditors.
• 🏢 The auditor’s term extends until the conclusion of the next Annual General Meeting.
• 🤝 Related party transactions for the year ending June 30, 2025, were ratified, confirmed, and approved.
• ✔️ The Board is authorized to approve future transactions with related parties in the ordinary course of business.
• 📜 Key officers are empowered to execute agreements with related parties.
• 📝 Officers are authorized to complete all legal formalities, including filing documents.
• 🚀 These resolutions aim to facilitate the smooth functioning and legal compliance of the company.

🎯 Investment Thesis

Based on the provided information, a HOLD recommendation is appropriate. The resolutions passed reflect standard corporate governance practices and do not provide sufficient financial data to warrant a BUY or SELL recommendation. Further financial analysis is needed to assess the company’s performance and outlook. Price target will be determined upon analyzing more financial data. The investment horizon is MEDIUM_TERM pending financial results.