⚡ Flash Summary

Diamond Industries Limited (DIIL) has announced its Annual General Meeting (AGM) to be held on October 27, 2025. The meeting will address ordinary business matters including the confirmation of minutes from the previous AGM, adoption of financial statements for the year ended June 30, 2025, appointment of auditors for the fiscal year ending June 30, 2026, and other transactions. Shareholders are encouraged to participate, either in person or via video link, and must comply with requirements for proxy submissions and verification. The company has also made the audited financial statements available on its website.

📌 Key Takeaways

• 📅 AGM Date: October 27, 2025, at 11:00 A.M. at the company’s registered office.
• ✅ Agenda: Confirmation of minutes, adoption of financial statements, appointment of auditors.
• 📜 Financial Statements: Review and adoption for the year ended June 30, 2025.
• 👨‍💼 Auditors: Appointment for the financial year ending June 30, 2026.
• 🔒 Book Closure: Share transfer books will be closed from October 20, 2025, to October 27, 2025.
• 🗳️ Proxy: Members can appoint proxies, with submissions due 48 hours before the meeting.
• 🏢 Corporate Entities: Board resolutions or Power of Attorney required for corporate attendees.
• 🏦 CDC Participants: Must bring Participant ID, account number, and CNIC/Passport.
• 📝 SECP Compliance: Members must submit valid CNIC/NTN/Dividend Mandate.
• 💻 Video Link: Shareholders can participate via video link by providing required information 10 days prior.
• 🌐 Video Conference: Company may arrange video conference facility based on member consent.
• 💱 Share Conversion: Physical share certificates to be converted to book-entry form.
• 📊 Financial Reports: Audited financial statements available on the company’s website (www.dil.com.pk/financial-report/).
• ✉️ Printed Copies: Financial statements available in printed form upon request.

🎯 Investment Thesis

HOLD. The AGM announcement is procedural and does not provide enough information to change the investment thesis. Monitor the financial performance and management discussion during the AGM to re-evaluate.