⚡ Flash Summary

Jubilee Spinning & Weaving Mills Ltd. held its 52nd Annual General Meeting for FY2025 on October 23, 2025, where shareholders approved the audited accounts for the year ending June 30, 2025, along with the Directors’ and Auditors’ Reports. The firm re-appointed M/s. Junaidy Shoaib Asad, Chartered Accountants, as Auditors of the Company until the conclusion of the next AGM. The CEO will determine auditor remuneration, with shareholder approval.

📌 Key Takeaways

• 🗓️ The 52nd Annual General Meeting (AGM) took place on October 23, 2025.
• ✅ Shareholders approved the audited accounts for the fiscal year ending June 30, 2025.
• 📑 The Directors’ and Auditors’ reports were also approved.
• 🤝 M/s. Junaidy Shoaib Asad, Chartered Accountants, have been re-appointed as auditors.
• ⏳ The auditors’ term extends until the conclusion of the next Annual General Meeting.
• 💰 The Chief Executive Officer will determine the auditors’ remuneration.
• 👍 Remuneration decisions are subject to shareholder approval.
• 📜 Resolutions were passed by a majority of shareholders.
• 🏢 The meeting was held under the banner of Jubilee Spinning & Weaving Mills Ltd.
• 📍 The company’s registered office is located in Lahore, Pakistan.
• ✉️ Official correspondence can be directed to the Karachi main office.
• 🌐 The company’s email address is jubliee@cresplus.com.

🎯 Investment Thesis

Based solely on this announcement, a HOLD recommendation is appropriate as it contains no information to warrant a change in investment stance. Without financial data, a price target and time horizon cannot be established.