⚡ Flash Summary

Fateh Industries Limited held its Annual General Meeting on October 27, 2025, where shareholders unanimously approved the annual audited financial statements for the year ended June 30, 2025. The retiring auditors, M/s. Clarkson Hyde Saud Ansari, Chartered Accountants, were re-appointed as external auditors for the year ending June 30, 2026. The remuneration for the audit of annual accounts is set at Rs. 400,000 per annum, and Rs. 100,000 for the review of half-yearly accounts. This suggests operational continuity and compliance with regulatory requirements.

📌 Key Takeaways

• 🗓️ AGM held on October 27, 2025.
• ✔️ Annual audited financial statements for the year ended June 30, 2025 were unanimously approved.
• 🤝 Chairman and Directors’ reports approved.
• ✅ Statement of Compliance approved.
• 🔍 Independent Auditors’ reports approved.
• 🧐 Review Reports approved.
• 👨‍💼 M/s. Clarkson Hyde Saud Ansari re-appointed as external auditors.
• 📅 Auditors’ tenure extended to the year ending June 30, 2026.
• 💰 Audit fee set at Rs. 400,000 per annum.
• 🧾 Half-yearly review fee set at Rs. 100,000.
• 🏢 Registered office located at 442, Mirpurkhas Road, Hyderabad.
• ⏰ Meeting commenced at 9:30 a.m.
• 📜 Resolution passed for financial statement approval.
• 🔄 Auditor re-appointment ensures continuity.

🎯 Investment Thesis

Given the limited information, a HOLD recommendation is appropriate. The announcement confirms that the company is meeting basic regulatory requirements and maintaining auditor relationships. A more informed decision would require access to the financial statements themselves to evaluate performance.