⚡ Flash Summary

The Annual General Meeting (AGM) of Pak-Gulf Leasing Company Limited was held on October 24, 2025. Shareholders approved the minutes of the previous AGM held on October 24, 2024. The audited financial statements for the year ended June 30, 2025, along with the directors’ and auditors’ reports, were also adopted. M/S BDO Ebrahim & Co. Chartered Accountants were appointed as the Independent Auditors for the year ending June 30, 2026, following their eligibility, consent, and the retirement of the previous auditors, with remuneration to be determined by the Board of Directors.

📌 Key Takeaways

• 🗓️ AGM held on October 24, 2025.
• ✅ Minutes of the 31st AGM (October 24, 2024) confirmed.
• 📜 Audited Financial Statements for year ended June 30, 2025 approved.
• 👨‍💼 Directors’ Report adopted.
• 🧑‍💼 Auditors’ Report adopted.
• 🏢 M/S BDO Ebrahim & Co. appointed as Independent Auditors.
• 📅 Appointment effective for the year ending June 30, 2026.
• 🤝 BDO Ebrahim & Co. eligible and consented to the appointment.
• 👋 Previous auditors retired.
• 💰 Remuneration of new auditors to be fixed by the Board.
• 📍 Meeting took place in accordance with PSX Rule Book clause 5.6.9(b).
• 🏢 The 32nd Annual General Meeting of Pak-Gulf Leasing Company Limited was held.
• 🌐 Website of the company is www.pakgulfleasing.com.
• 📧 Email of the company is pgl@pakgulfleasing.com.

🎯 Investment Thesis

Based solely on the provided announcement, a HOLD recommendation is appropriate. The document lacks financial data, which is essential for an informed investment decision. Further financial statements are needed to assess the company’s financial health and future prospects before changing the recommendation. No price target can be provided at this time.