⚡ Flash Summary

EcoPack Limited held its 34th Annual General Meeting on October 28, 2025, where shareholders approved several key resolutions. These included the confirmation of minutes from the previous AGM, adoption of the Chairman’s Review, Directors’ and Auditor’s reports, and the financial statements for the year ended June 30, 2025. A significant resolution was the approval of a 20% cash dividend for the fiscal year ending June 30, 2025. Additionally, seven directors were elected for the next three years, and A.F. Ferguson & Co. were re-appointed as external auditors for the year ending June 30, 2026, with fixed remuneration.

📌 Key Takeaways

• ✅ Minutes of the 33rd Annual General Meeting held on October 28, 2024, were approved.
• 📑 Chairman’s Review, Directors’ and Auditor’s reports, along with financial statements for the year ended June 30, 2025, were adopted.
• 💰 A 20% cash dividend was approved for the year ended June 30, 2025.
• 👨‍💼 Seven directors were elected for a term of three years commencing from October 28, 2025.
• ✔️ Mr. Asad Ali Sheikh was re-elected as a director.
• ✔️ Mr. Hussain Jamil was re-elected as a director.
• ✔️ Mr. Ameen Jan (Independent Director) was re-elected as a director.
• ✔️ Mr. Zohair Ashir (Independent Director) was re-elected as a director.
• ✔️ Mr. Ali Jamil was re-elected as a director.
• ✔️ Ms. Sonya Jamil (Female Director) was re-elected as a director.
• ✔️ Ms. Laila Jamil (Female Director) was re-elected as a director.
• 🏢 A. F. Ferguson & Co. were re-appointed as external auditors for the year ending June 30, 2026.
• 💸 The annual audit fee is set at Rs. 2,156,250/-.
• 🧾 The half-yearly review fee is set at Rs. 718,750/-.
• 📊 The audit of CCG fee is set at Rs. 187,500/-.

🎯 Investment Thesis

Given the limited financial data available in the provided announcement, a neutral HOLD recommendation is appropriate. While the approval of a 20% cash dividend is a positive sign, a comprehensive analysis requires a review of the company’s financial statements and a deeper understanding of its operational and market environment. A more informed recommendation will be possible once these data are available.