⚡ Flash Summary

Dewan Textile Mills Limited’s 56th Annual General Meeting (AGM) will be held on October 27, 2025, at the Dewan Cement Limited Factory Site in Karachi. Shareholders will consider the approval of the company’s audited financial statements for the year ended June 30, 2025, along with the directors’ and auditors’ reports. The AGM will also address the appointment of statutory auditors for the year ending June 30, 2026, and fix their remuneration. The notice details procedures for attending the meeting, including proxy voting, video conferencing, and electronic transmission of financial statements.

📌 Key Takeaways

• 📅 AGM Date: October 27, 2025, at 2:00 PM at Dewan Cement Limited Factory Site, Karachi.
• 🏢 Venue: Dewan Cement Limited Factory Site, Deh Dhando, Dhabeji, District Malir, Karachi.
• ✅ Agenda Item 1: Confirmation of the minutes from the Extra Ordinary General Meeting held on January 27, 2025.
• 🧾 Agenda Item 2: Approval of annual audited financial statements for the year ended June 30, 2025.
• 👨‍💼 Agenda Item 3: Confirmation of statutory auditors for the year ended June 30, 2026, and fixing their remuneration.
• 🤝 Proxy Voting: Members can appoint proxies, with forms due 48 hours before the meeting.
• 🛑 Share Transfer Book Closure: October 20, 2025 to October 27, 2025.
• 🖥️ Video Conference: Available for members holding 10% or more shares, with 7 days prior notice.
• 📡 Zoom Participation: Members can attend via Zoom by registering before October 25, 2025.
• 🏦 CDC Account: Encouragement to convert physical shares into Book-Entry Form (CDC Account).
• ✉️ Address Updates: Shareholders should promptly communicate any change in address to the share registrar.
• 🚫 No Gifts: In compliance with SECP directives, no gifts will be distributed at the AGM.
• 📧 Electronic Transmission: Annual reports can be received via email with prior consent.
• 🌐 Website: Standard request form available at http://www.yousufdewan.com/Dtml/index.html.

🎯 Investment Thesis

Neutral hold. Based solely on this announcement, there’s no new information to suggest a change in investment strategy. The notice is procedural and doesn’t offer insights into the company’s financial health or future prospects. Therefore, a HOLD recommendation is maintained until further financial data is available.