⚡ Flash Summary

Engro Powergen Qadirpur Limited (EPQL) has announced the re-election of Mr. Athar Abrar Khwaja as Chairman of the Board and the re-appointment of Mr. Adeel Qamar as Chief Executive Officer (CEO). These appointments were made following the election of directors at an Extraordinary General Meeting held on October 14, 2025. The re-election and re-appointment ensure continuity in the leadership and strategic direction of the company. The terms for both positions extend up to and including the date of the next election of directors.

📌 Key Takeaways

• 📅 Mr. Athar Abrar Khwaja re-elected as Chairman on October 14, 2025.
• 💼 Mr. Adeel Qamar re-appointed as CEO on October 14, 2025.
• 🤝 Continuity in leadership positions at EPQL.
• 🏢 Appointments made following the election of directors.
• 📜 Terms extend until the next directors’ election.
• 📍 Extraordinary General Meeting held in Karachi at 2:30 p.m.
• 📣 Official announcement to the Pakistan Stock Exchange.
• ✅ Board reaffirms confidence in Khwaja and Qamar.
• ⚡ Focus on stable leadership for EPQL’s future.
• 🗓️ Next election of directors will determine subsequent terms.

🎯 Investment Thesis

Given the re-election of the Chairman and the re-appointment of the CEO, a HOLD recommendation is appropriate. The announcement signals stability and continuity in leadership, which can be viewed positively. However, without financial data or detailed strategic plans, there is insufficient information to warrant a BUY or SELL recommendation. A neutral stance is warranted until further financial information is released. Price target and time horizon are not applicable without more comprehensive data.