⚡ Flash Summary

United Distributors Pakistan Limited (UDPL) held its 43rd Annual General Meeting on October 27, 2025, where members approved key resolutions. These included the approval of the prior EGM minutes, the annual audited financial statements for the year ended June 30, 2025, and the reappointment of BDO Ebrahim & Co. as external auditors. A final cash dividend of PKR 1.25 per share (12.5%) was declared, in addition to the already paid interim dividend of PKR 33.25 per share. Normal business transactions disclosed in the financial statements were also ratified and approved.

📌 Key Takeaways

• ✅ Minutes from the last Extraordinary General Meeting held on June 13, 2025, were approved.
• 📊 Annual Audited Financial Statements for the year ended June 30, 2025, received approval.
• 🤝 BDO Ebrahim & Co. re-appointed as external auditors for the year ending June 30, 2026.
• 💰 A final cash dividend of PKR 1.25 per share (12.5%) was approved.
• 💸 The interim cash dividend already paid was PKR 33.25 per share.
• 🗓️ Dividend payable to shareholders in the Register as of October 20, 2025.
• 💼 Transactions in the normal course of business were ratified and approved.
• CEO authorized to approve transactions with related parties until the next AGM.
• 📜 Necessary actions and document execution authorized for the CEO.
• 🗓️ AGM held on October 27, 2025, at 15:30 at ICMA Pakistan, Karachi, and via video link.

🎯 Investment Thesis

Based on the information provided, a HOLD recommendation seems appropriate. The company is distributing dividends, which is a positive sign, but a comprehensive analysis requires access to the full financial statements to assess overall performance and future prospects. Price target setting is not possible without detailed financial data.