⚡ Flash Summary
D.S. Industries Limited held its 45th Annual General Meeting on October 28, 2025, where shareholders unanimously approved the annual audited financial statements for the year ended June 30, 2025. The meeting also resolved to re-appoint Rizwan & Company as auditors for the financial year ending June 30, 2026, with their remuneration to be determined by the Chief Executive. Furthermore, Mr. Ali Pervez Ahmad (Chief Executive) and/or Mr. Salman Farooq (Company Secretary) are authorized to file statutory returns with the Registrar of Companies, SECP – Lahore.
📌 Key Takeaways
- 🗓️ AGM held on October 28, 2025.
- 🤝 Shareholders unanimously approved financial statements for the year ended June 30, 2025.
- ✅ Approved Directors’ and Auditors’ reports.
- 👨💼 Rizwan & Company re-appointed as auditors for FY ending June 30, 2026.
- 💰 Auditor remuneration to be determined by the Chief Executive.
- 📝 Ali Pervez Ahmad and/or Salman Farooq authorized to file statutory returns.
- 🏢 Filing with Registrar of Companies, SECP – Lahore.
- 📜 Compliance with prescribed legal requirements.
- ✔️ All resolutions passed unanimously.
- 📍 Meeting held at Avari Express, Lahore.
- ⏳ Focus on regulatory compliance.
- 🔒 Continued auditing services for the upcoming financial year.
🎯 Investment Thesis
Based solely on this announcement, a HOLD recommendation is appropriate. The information provided relates to procedural matters and does not offer sufficient insight into the company’s financial performance or future prospects to justify a BUY or SELL decision. Further information, such as the full audited financial statements, would be required to form a more informed investment opinion.
Disclaimer: AI-generated analysis. Not financial advice.