⚡ Flash Summary

Dewan Cement Limited (DCL) has announced its 46th Annual General Meeting (AGM) to be held on October 27, 2025, at the company’s factory site in Karachi. Key agenda items include confirming the minutes of the previous AGM, receiving and adopting the annual audited financial statements for the year ended June 30, 2025, and appointing statutory auditors for the year ending June 30, 2026. The company has also informed shareholders that no gifts will be distributed at the AGM, in compliance with SECP directives. Shareholders are encouraged to participate via video conference or Zoom, and physical share certificates should be converted to electronic form.

📌 Key Takeaways

• 🗓️ AGM scheduled for October 27, 2025, at 5:00 PM in Karachi.
• ✅ Agenda includes confirming minutes from the AGM held on October 24, 2024.
• 🧾 Review and adoption of audited financial statements for the year ended June 30, 2025.
• 👨‍💼 Appointment of statutory auditors for the year ending June 30, 2026.
• 🚫 No gifts will be distributed during the AGM.
• ⏳ Share transfer books will be closed from October 20, 2025, to October 27, 2025.
• 🏢 Transfers must be received at the share registrar’s office M/s. BMF Consultants Pakistan.
• 🗳️ Members can appoint proxies, with forms due 48 hours before the meeting.
• 🌐 CDC account holders must adhere to SECP guidelines for attending the meeting and appointing proxies.
• 📧 Electronic transmission of financial statements is available with consent.
• 🖥️ Video conference facility available for members holding 10% or more shares.
• 💻 Option to attend the AGM online via Zoom.
• 🔗 Registration required for Zoom participation, with a link provided to registered members.
• 🏦 Encourage shareholders to deposit physical shares into CDC accounts by converting the physical shares into book-entry form to comply with Companies Act, 2017.
• ✉️ Shareholders must promptly notify any changes to their address to the Company’s Share Registrar.

🎯 Investment Thesis

Without financial data, it is difficult to make a comprehensive investment recommendation. A neutral HOLD rating is appropriate at this time. Monitor the upcoming financial statements for the year ended June 30, 2025, and assess key metrics to re-evaluate.