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⏸️ KHYT: HOLD Signal (5/10) - Resolution Passed By the Members in the 64th AGM of Khyber Textile Mills Limited - FoxLogica

⚡ Flash Summary

KHYT’s 64th Annual General Meeting (AGM) held on October 23, 2025, resulted in the approval of the annual audited financial statements for the year ending June 30, 2025. Seven members were re-elected as Directors for a three-year term starting October 25, 2025. Clarkson Hyde Saud Ansari Chartered Accountants were appointed as auditors for the year ending June 30, 2026.

Signal: HOLD ⏸️
Strength: 5/10
Sentiment: NEUTRAL
Time Horizon: MEDIUM_TERM

📌 Key Takeaways

  • ✅ Annual Audited Financial Statements for the year ended June 30, 2025, were approved.
  • 🗓️ AGM held on October 23, 2025.
  • 👔 Seven members re-elected as Directors.
  • 📅 New term for Directors commences on October 25, 2025.
  • ⏳ Directors’ term is for three years.
  • 🏢 Re-election in accordance with the Companies Act, 2017.
  • 🧑‍💼 Newly elected/re-elected Directors include Aurangzeb Khan, Amanullah Khan Jadoon, Muhammad Bahauddin, Adam Jadoon, Aamna Jadoon, Hassan Ovais (Independent Director), and Nusrat Iqbal (Independent Director).
  • 🏦 Clarkson Hyde Saud Ansari Chartered Accountants appointed as Auditors.
  • audit period ending June 30, 2026.
  • 💰 Board authorized to fix auditors’ remuneration.
  • 🌐 Website: www.khybertextile.com
  • 📧 Email: info@khybertextile.com

🎯 Investment Thesis

Based solely on this announcement, a HOLD recommendation is appropriate. Further analysis of financial performance and risk factors is necessary before making a BUY or SELL decision. A price target cannot be determined without further financial information.

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Disclaimer: AI-generated analysis. Not financial advice.

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