⚡ Flash Summary

Dewan Automotive Engineering Limited has announced its 43rd Annual General Meeting (AGM) scheduled for October 27, 2025, in Karachi. Key agenda items include confirming the minutes of the previous AGM, approving the annual audited financial statements for the year ending June 30, 2025, and appointing statutory auditors for the year ending June 30, 2026. The company is also facilitating electronic transmission of financial statements and providing video conferencing and Zoom access for members. Share transfer books will be closed from October 20 to October 27, 2025.

📌 Key Takeaways

• 🗓️ The 43rd Annual General Meeting (AGM) is set for October 27, 2025, in Karachi.
• ✅ AGM agenda includes confirming minutes from the prior meeting held on October 24, 2024.
• 💰 Shareholders will review and approve the audited financial statements for the year ending June 30, 2025.
• 👨‍💼 Appointment of statutory auditors for the year ending June 30, 2026, will be confirmed.
• 🔒 Share transfer books will be closed from October 20 to October 27, 2025.
• 📧 Electronic transmission of financial statements is available to members who provide consent.
• 💻 Video conferencing and Zoom access are provided for remote participation, subject to conditions.
• 🏢 The meeting will be held at Dewan Cement Limited Factory Site, Dhabeji, District Malir, Karachi.
• 📜 Proxy forms must be received at the Shares Registrar Office 48 hours before the meeting.
• 📍 The Shares Registrar Office is located at BMF Consultants Pakistan (Private) Limited, Karachi.
• ⚠️ CDC account holders must follow SECP guidelines for attending the meeting and appointing proxies.
• ✉️ Members are requested to promptly communicate any change in their addresses to the share registrar.
• 🎁 No gifts will be distributed at the AGM, adhering to SECP directives.
• 🔗 Standard Request Form for electronic transmission is available on the company’s website.

🎯 Investment Thesis

Given the lack of financial performance details in the announcement, a neutral (HOLD) stance is appropriate. Investors should carefully analyze the upcoming financial statements and monitor the industry landscape to make informed investment decisions. Price target is subject to financial data and industry analysis.