⚡ Flash Summary

Habib Rice Products Ltd. (HRPL) held its 45th Annual General Meeting on October 25, 2025, where shareholders approved the minutes from the previous AGM held on October 25, 2024. The audited financial statements for the year ended June 30, 2025, along with the Chairman’s Review/Directors’ Report, were also approved. Grant Thornton Anjum Rahman, Chartered Accountants, were appointed as the company’s auditors for the year 2025-2026. The resolutions indicate routine corporate governance and compliance activities.

📌 Key Takeaways

• 📅 AGM held on October 25, 2025.
• ✅ Minutes of the previous AGM (October 25, 2024) approved.
• 🧾 Audited financial statements for the year ended June 30, 2025 approved.
• 👨‍💼 Chairman’s Review/Directors’ Report approved.
• 👨‍💼 Grant Thornton Anjum Rahman appointed as auditors for 2025-2026.
• 🤝 Auditor fee to be mutually agreed upon and subject to board approval.
• 🏢 Meeting held at the Institute of Chartered Accountants of Pakistan (ICAP), Karachi.
• 📜 Resolutions passed as per Rule 5.6.9(b) of the Pakistan Stock Exchange Ltd.
• ✉️ Official communication by Company Secretary Ali Asghar Rajani and CFO Jamshed Ali Khan.
• 🌐 Company focused on organic & non-GM conventional rice-based products.
• 📍 Plant located in Hub, Baluchistan.
• 🏢 Head office in Karachi.
• 📧 Official communication through info@habibriceproducts.com and farhan.t@habibriceproducts.com.

🎯 Investment Thesis

Based on the information provided, a HOLD recommendation is appropriate. The document describes routine corporate governance activities and does not offer insights into the company’s financial performance or strategic direction. More information is needed to assess whether to BUY or SELL. A price target cannot be determined without financial data. The time horizon for this recommendation is contingent upon the release of detailed financial statements and strategic updates.