⚡ Flash Summary
Dadex Eternit Ltd. held its Annual General Meeting (AGM) on October 28, 2025, where shareholders adopted resolutions. The resolutions included the approval of the financial statements for the year ended June 30, 2025, along with the auditor’s report, chairman’s review, and the board of directors’ report. Additionally, BDO Ebrahim & Co., Chartered Accountants, were reappointed as auditors for the year ending June 30, 2026. These decisions reflect the company’s adherence to regulatory requirements and ongoing governance practices.
📌 Key Takeaways
- 📅 AGM held on October 28, 2025.
- 🏢 Meeting took place at the company’s registered office.
- 🕒 Meeting commenced at 03:30 p.m. (PST).
- ✅ Shareholders adopted ordinary resolutions.
- 📄 Financial statements for the year ended June 30, 2025 were approved.
- 👂 Auditor’s Report was reviewed and approved.
- 🧑💼 Chairman’s Review was reviewed and approved.
- 💼 Report of the Board of Directors was reviewed and approved.
- 👨💼 M/s. BDO Ebrahim & Co. reappointed as auditors.
- 🗓️ Auditors reappointed for the year ending June 30, 2026.
- 💰 Auditor remuneration to be determined by the Board of Directors.
- 📜 Compliance with PSX Regulation No. 5.6.9 (b).
- ✉️ Information shared with TRE Certificate Holders of the Exchange.
🎯 Investment Thesis
Given the lack of detailed financial information, a definitive recommendation (BUY/SELL/HOLD) cannot be made. The announcement pertains primarily to governance and procedural matters. Therefore, a neutral stance (HOLD) is maintained.
Disclaimer: AI-generated analysis. Not financial advice.