⚡ Flash Summary

Buxly Paints Limited has announced its 71st Annual General Meeting (AGM) to be held on October 28, 2025, both physically at its registered office in Karachi and virtually via video-link/Zoom. The AGM’s agenda includes confirming the minutes of the previous AGM, receiving and adopting the audited accounts for the year ended June 30, 2025, appointing auditors for the year ending June 30, 2026, and electing seven directors. The company has also provided instructions for shareholders regarding share transfers, proxy appointments, video-link participation, and claiming unclaimed dividends. Shareholders should take note of the share transfer book closure dates from October 22 to October 28, 2025.

📌 Key Takeaways

• 🗓️ The 71st Annual General Meeting (AGM) of Buxly Paints Limited will take place on Tuesday, October 28, 2025, at 10:30 am.
• 📍 The AGM will be held at the Registered Office, X-3, Manghopir Road, S.I.T.E, Karachi, and virtually via video-link/Zoom Cloud meetings.
• 📝 The first agenda item is to confirm the minutes of the Annual General Meeting held on Monday, October 28, 2024.
• ✅ Shareholders will receive, consider, and adopt the Audited Accounts of the Company for the year ended June 30, 2025, along with the Auditors’, Chairman’s Review, and Directors’ Report.
• 🧑‍⚖️ M/s Rahman Sarfaraz Rahim Iqbal Rafiq, Chartered Accountants, are eligible and offer themselves for reappointment as Auditors for the year ending June 30, 2026.
• 🗳️ Shareholders will elect seven (7) directors of the Company for a term of three years, in accordance with section 159 of the Companies Act 2017.
• 👤 Retiring directors include Mr. Shamshad Ali, Mr. Adnan Iqbal, Ms. Rubina Rizvi, Mr. Muhammad Hanif Idrees, Mr. Sheikh Asim Rafique, Mr. Fakhrul Arfin, and Mr. Naseer Ahmed.
• 🚫 Share Transfer Books will be closed from October 22, 2025, to October 28, 2025 (both days inclusive).
• ✉️ Members (Non-CDC) are requested to promptly notify the Company’s Registrar of any address changes and submit Zakat Form CZ-50, if applicable.
• 🌐 The Notice along with the proxy form is available on the Company website www.buxly.com and has been sent to the PSX via the PUCARS system.
• 💻 Shareholders interested in attending the AGM through the online platform must register with the Company Secretary office by providing specific details before the meeting.
• 🔑 The login facility for the virtual meeting will be opened 30 minutes before the meeting time.
• 📄 Shareholders must provide copies of their CNIC and NTN Certificate (Mandatory) to the Share Registrar.
• 🏢 Shareholders who have not claimed their dividend are advised to contact the Share Registrar to collect/enquire about their unclaimed dividend, if any.
• 📢 The Annual Report for the financial year ended on June 30, 2025, may be viewed and downloaded by following the QR Code and web-link provided.

🎯 Investment Thesis

Given the limited information available in this AGM notice, a definitive investment recommendation (BUY/SELL/HOLD) cannot be made. A neutral HOLD recommendation is appropriate until a thorough analysis of the company’s financial performance, valuation, and risk factors can be conducted based on the annual report. The AGM notice provides important administrative details but lacks the necessary data for investment decision-making.