⚡ Flash Summary

Arctic Textile Mills Limited (ARCTM) has announced the 40th Annual General Meeting (AGM) to be held on October 27, 2025, at its registered office in Faisalabad. The primary agenda includes confirming the minutes of the previous AGM, approving the annual audited financial statements for the year ended June 30, 2025, and appointing auditors. The share transfer books will be closed from October 20, 2025, to October 27, 2025, to determine eligible members. Shareholders are encouraged to participate electronically and update their contact information with the company.

📌 Key Takeaways

• 🗓️ AGM scheduled for October 27, 2025, at 11:00 A.M. in Faisalabad.
• ✅ Agenda includes confirming minutes from the AGM held on October 26, 2024.
• 📈 Approval of annual audited financial statements for the year ended June 30, 2025, is on the agenda.
• 👨‍💼 Appointment of auditors and fixing their remuneration is a key item.
• 🏢 M/S Riaz Ahmad & Company, Chartered Accountants, offered themselves for reappointment.
• 🔒 Share transfer books will be closed from October 20 to October 27, 2025.
• 🗳️ Members can appoint a proxy, with the instrument to be received 48 hours before the meeting.
• 🌐 Proxy form available on www.arctictextile.com.
• 📱 Shareholders intending to participate electronically must register by October 25, 2025.
• 📧 Registration details to be sent to info@arctictextile.com or via WhatsApp at +92-333-6598588.
• ✉️ Members should notify changes in their registered address and provide valid email.
• 🆔 Shareholders with CDS accounts must bring CNIC/Passport and account number for verification.
• 🧾 Option to receive audited financial statements electronically via email; submit consent to Shares Registrar.
• 🔄 Physical shares to be replaced with book-entry form as per SECP directives.
• 💸 Cash dividend to be paid through electronic mode; provide IBAN details.

🎯 Investment Thesis

Given the lack of specific financial data in the announcement, a neutral HOLD recommendation is appropriate. The AGM announcement is primarily procedural and does not provide sufficient information to make an informed investment decision. A more detailed analysis of Arctic Textile Mills Limited’s financial performance, strategic direction, and risk profile would be necessary to form a concrete investment thesis. Without such information, a price target cannot be reasonably established. A medium-term perspective (6-12 months) is recommended pending the availability of further financial information.