⚡ Flash Summary

Elahi Cotton Mills Limited will hold its 55th Annual General Meeting on October 25, 2025, to confirm minutes from the previous meeting, approve reports from directors and auditors, and appoint auditors for the next financial year. The meeting will be held at the company’s registered office and will also facilitate virtual attendance for shareholders. Shareholders interested in attending online must register by October 21, 2024, providing necessary details via email. The company has also provided instructions for physical shareholders to convert to book-entry form.

📌 Key Takeaways

• 🗓️ 55th Annual General Meeting scheduled for October 25, 2025, at 10:00 a.m.
• 🏢 Meeting to be held at the Registered Office in Islamabad.
• ✅ Agenda includes confirming minutes of the 54th Annual General Meeting.
• 🧾 Review and approval of Chairman’s, Directors’, and Auditors’ reports.
• 🏦 Audited Financial Statements for the year ended June 30, 2025, to be adopted.
• 👨‍💼 M/s. BDO Ebrahim & Co recommended as external auditors.
• 💻 Virtual attendance via video link available for shareholders.
• 📧 Shareholders must register for online AGM by October 21, 2024 via elahicotton@gmail.com.
• 🔗 Detailed procedure for virtual attendance to be emailed to registered shareholders and available on the company’s website.
• ⛔ Share Transfer Books closed from October 19, 2025 to October 25, 2025.
• ✉️ Proxy appointments must be received 48 hours before the meeting.
• 🆔 Attendees must bring original CNIC for identification.
• 🌐 Financial statements available on the company’s website: www.elahicotton.com.
• 🏦 Physical shareholders encouraged to convert shares to book-entry form.
• 📍 Video conference facility arranged based on demand from at least five members or those holding 10% share at a location.

🎯 Investment Thesis

Given the lack of current financial information in the announcement, a definitive BUY/SELL/HOLD recommendation is challenging. A HOLD recommendation is appropriate until the financial statements for the year ended June 30, 2025, are thoroughly reviewed and analyzed. Without a deeper understanding of the company’s financial performance, any investment decision would be speculative. Price target cannot be made due to missing info. The time horizon is medium-term, pending further information.