⚡ Flash Summary
Cherat Packaging Limited (CPPL) held its 36th Annual General Meeting on October 23, 2025. Shareholders approved the annual audited accounts for the year ended June 30, 2025. A final cash dividend of Rs. 2.00 per share (20%) was declared, in addition to an interim dividend of Rs. 1.00 per share (10%) already paid. Grant Thornton Anjum Rahman were reappointed as auditors for the next term, and related party transactions were ratified.
📌 Key Takeaways
- ✅ Annual Audited Accounts for the year ended June 30, 2025 were approved.
- 💰 Final cash dividend of Rs. 2.00 per share (20%) declared.
- 💵 Interim cash dividend of Rs. 1.00 per share (10%) already paid.
- 🤝 Total dividend for the year: Rs. 3.00 per share (30%).
- 👨💼 Grant Thornton Anjum Rahman reappointed as auditors.
- 🗓️ Auditors’ term ends at the conclusion of the next AGM.
- 💼 Related party transactions disclosed in Note 35 ratified.
- 🤝 Board authorized to enter related party transactions until June 30, 2026.
- 📜 Compliance with Clause 5.6.9.(b) of the Pakistan Stock Exchange Rule Book.
- 🗓️ AGM held on October 23, 2025.
🎯 Investment Thesis
Based on the provided information, a HOLD recommendation seems appropriate. The company has demonstrated a consistent dividend payout, and there are no immediate red flags from the AGM resolutions. Further analysis is needed, focusing on financial statements, before making a more decisive BUY or SELL recommendation.
Disclaimer: AI-generated analysis. Not financial advice.