⚡ Flash Summary

The Burshane LPG (Pakistan) Limited’s Annual General Meeting (AGM) held on November 27, 2025, certified the resolutions passed. Key actions included approving the minutes from the previous AGM on October 28, 2024, and adopting the audited financial statements for the year ended June 30, 2025, along with the associated reports. Additionally, Clarkson Hyde Saud Ansari, Chartered Accountants, were appointed as external auditors for the fiscal year ending June 30, 2026, effective immediately following the meeting. These resolutions indicate standard corporate governance procedures.

📌 Key Takeaways

• 🗓️ The Annual General Meeting (AGM) was held on November 27, 2025.
• ✔️ Minutes from the previous AGM held on October 28, 2024, were approved.
• 📄 Audited Financial Statements for the year ended June 30, 2025, were adopted.
• 👨‍💼 Clarkson Hyde Saud Ansari, Chartered Accountants, appointed as external auditors.
• 📅 Auditors will serve until the next Annual General Meeting.
• 🤝 Remuneration for the auditors to be fixed by the Directors.
• 📜 Resolutions passed and adopted by the members.
• 🏢 Compliance with Regulation No. 5.6.9 (b) of the Rule Books of the Pakistan Stock Exchange Limited.
• ✉️ TRE Certificate of the Exchange to be informed accordingly.
• 📌 Registered office located at Suite 101, 1st Floor, Horizon Vista, Karachi.
• 🏭 Regional offices include locations in Korangi Creek and Lahore.
• ⛽️ Filling plants are located in Korangi Creek and Faisalabad.

🎯 Investment Thesis

Based solely on the provided AGM extract, a HOLD recommendation is appropriate. The document primarily covers procedural and governance matters, such as approving minutes, adopting financial statements, and appointing auditors. While these are essential functions, they do not provide sufficient information to form a strong investment thesis. Further analysis of the actual financial statements is required before making a BUY or SELL recommendation. A price target cannot be determined without this information. Time horizon: Undetermined until financials are reviewed.