⚡ Flash Summary
Dadex Eternit Ltd. has announced the draft notice for its 66th Annual General Meeting (AGM), scheduled for October 28, 2025, at 3:30 PM in Karachi. The meeting’s agenda includes reviewing and adopting the financial statements for the year ending June 30, 2025, and appointing auditors for the following year. Shareholders are encouraged to participate via video link and submit their comments and suggestions beforehand. The company is also urging shareholders to update their CNIC information and convert physical shares to book entry form for electronic dividend payments.
📌 Key Takeaways
- 📅 AGM Date: Tuesday, October 28, 2025.
- 🕒 Time: 3:30 PM.
- 🏢 Location: Dadex House, Karachi.
- ✅ Agenda: Adoption of FY2025 financial statements.
- 👨💼 Auditor Appointment: Selection of auditors for FY2026.
- 💻 Video Link: Shareholders can participate via Zoom.
- ✉️ Suggestions: Submit comments at least two days prior to AGM.
- 🏦 Share Registrar: JWAFFS Registrar Services.
- 💳 CNIC Update: Mandatory submission of CNIC copies.
- 💸 E-Dividend: Encouraging electronic dividend payments.
- 📜 Physical Shares: Conversion to book entry form urged.
- 🌐 Website: Financial statements available on www.dadex.com.pk.
- 🎁 No Gifts: Company will not distribute any gifts.
- 🗳️ Postal Ballot: Shareholders can vote via postal ballot or e-voting.
- 🔒 Register Closure: Share transfer books closed from October 21-28, 2025.
🎯 Investment Thesis
Given the lack of financial data in this announcement, a definitive recommendation (BUY/SELL/HOLD) cannot be made. Based on the available information, the sentiment is neutral. Investors should await the FY2025 financial statements and management commentary for a better assessment. This notice provides no basis for adjusting a price target.
Disclaimer: AI-generated analysis. Not financial advice.