⚡ Flash Summary
Ahmad Hassan Textile Mills Limited (AHTM) held its 36th Annual General Meeting on October 28, 2025, where several resolutions were passed. The resolutions include the approval of the minutes from the previous AGM, the adoption of the audited annual financial statements for the year ended June 30, 2025, and the appointment of Crown Hussain Chaudhry & Co. as the statutory auditors for the year ending June 30, 2026. Additionally, a final cash dividend of Rs.1.50 per share (15%) was approved. Furthermore, the monthly remuneration of Director Mian Muhammad Javed and CEO Mr. Muhammad Haris was increased by Rs.25,000 and Rs.50,000, respectively, effective October 1, 2025.
📌 Key Takeaways
- ✅ Minutes of the Annual General Meeting held on October 28, 2024, were approved.
- 👍 Audited Annual Financial Statements for the year ended June 30, 2025, were approved and adopted.
- 👨⚖️ Crown Hussain Chaudhry & Co. appointed as Statutory Auditors for the year ending June 30, 2026.
- 🤝 CEO authorized to negotiate and fix auditors’ remuneration for the year ending June 30, 2026.
- 💰 Final cash dividend of Rs.1.50 per share (15%) approved for shareholders.
- 📅 Dividend eligibility based on the register of members as of October 20, 2025.
- 👔 Director Mian Muhammad Javed’s monthly remuneration increased by Rs.25,000.
- 💼 CEO Mr. Muhammad Haris’ monthly remuneration increased by Rs.50,000.
- 🚀 Remuneration increases effective from October 1, 2025.
- 📜 Remuneration increases recommended by the Board of Directors.
- 🗓️ The 36th Annual General Meeting was held on October 28, 2025.
- 📍 The meeting took place at 46-Hassan Parwana Colony, Multan.
- 🏢 The company is Ahmad Hassan Textile Mills Limited (AHTM).
🎯 Investment Thesis
HOLD. Based on the provided information, a HOLD recommendation is appropriate. The approval of a dividend and increases in executive compensation are positive signals, but a complete financial analysis is required before upgrading this position. The price target is contingent on a full financial review, considering both revenue growth and profitability trends.
Disclaimer: AI-generated analysis. Not financial advice.