⚡ Flash Summary

Bannu Woollen Mills Limited held its 65th Annual General Meeting on October 18, 2025, where shareholders confirmed the minutes of the previous AGM, approved the audited financial statements for the year ended June 30, 2025, and reappointed ShineWing Hameed Chaudhri & Co. as auditors for the year ending June 30, 2026. The Chief Financial Officer was authorized to approve related party transactions and the CEO authorized to fix auditor remuneration. All resolutions were passed, indicating operational continuity. However, without specific financial figures, a thorough analysis of the company’s performance and financial health remains limited.

📌 Key Takeaways

• 🗓️ AGM held on October 18, 2025, at 10:00 A.M.
• ✅ Minutes of the previous AGM (October 26, 2024) were confirmed.
• 👍 Audited financial statements for the year ended June 30, 2025, were approved.
• 🧑‍💼 ShineWing Hameed Chaudhri & Co. reappointed as auditors for the year ending June 30, 2026.
• 🤝 CEO authorized to negotiate and fix auditor remuneration.
• 🏢 CFO authorized to approve related party transactions.
• 📑 Related party transactions disclosed in Note 36 of the financial statements were ratified for the year ended June 30, 2025.
• 🤝 Related party transactions approved by the board will be placed before shareholders in the next AGM for formal ratification.
• 📜 Resolutions passed as ‘Special Resolutions’.
• 📍 Registered office of the company is located at D.I. Khan Road, Bannu.
• ✉️ Communication to Pakistan Stock Exchange as per clause 5.6.9(b).
• 🕰️ Resolutions adopted and became effective immediately.

🎯 Investment Thesis

Given the lack of financial information, a definitive BUY/SELL/HOLD recommendation cannot be made. A HOLD recommendation is appropriate until detailed financial data is available for proper analysis. Without specific financial figures, it’s impossible to set a price target or time horizon. Further information is required.