⚡ Flash Summary

Barkat Frisian Agro Limited held its 9th Annual General Meeting on October 27, 2025, where shareholders approved the financial statements for the year ended June 30, 2025. They also approved the reappointment of Naveed Zafar Ashfaq Jaffery & Co. as statutory auditors for the fiscal year ending June 30, 2026. The CEO and CFO are authorized to negotiate the auditor’s remuneration. Furthermore, the company is authorized to circulate the annual report, including financial statements, through QR codes and web links, discontinuing the practice of using CDs or USBs.

📌 Key Takeaways

• 🗓️ AGM held on October 27, 2025.
• ✅ Financial statements for the year ended June 30, 2025, were adopted.
• 👨‍💼 Naveed Zafar Ashfaq Jaffery & Co. re-appointed as statutory auditors for FY ending June 30, 2026.
• 🤝 CEO and CFO authorized to negotiate auditor remuneration.
• 📱 Annual report circulation via QR codes and web links approved.
• ❌ Discontinuation of annual report circulation through CD/USB.
• 💼 Resolutions passed as per regulatory requirements.
• 📍 Meeting held at Majestic next to Lal Qila Restaurant, Karachi.
• 📜 Compliance with Listing Regulation No. 5.6.9(b).
• 🌐 Registered office located in Karachi.
• 🏭 Factory address in Bin Qasim Industrial Park.

🎯 Investment Thesis

Based on the limited information available in this announcement, a HOLD recommendation is appropriate. While the AGM resolutions indicate adherence to corporate governance standards, the lack of financial performance data prevents a comprehensive investment assessment. A BUY or SELL decision would require a detailed review of the company’s financials, industry outlook, and competitive positioning. Without that information, a neutral stance is warranted. Price target not determinable without further financial data.