⚡ Flash Summary
Fast Cables Limited (FCL) has announced the publication of the notice for its 17th Annual General Meeting (AGM) to be held on Monday, October 27, 2025. The notice will be published in nationwide newspapers, including The Nation (English) and Nawa-e-Waqt (Urdu), on October 6, 2025. The announcement includes details regarding the AGM’s agenda, participation procedures, and financial reporting information. Shareholders are encouraged to review the notice for complete details and instructions.
📌 Key Takeaways
- 📅 The 17th Annual General Meeting (AGM) of Fast Cables Limited (FCL) will be held on October 27, 2025.
- 📰 The AGM notice will be published in The Nation (English) and Nawa-e-Waqt (Urdu) newspapers on October 6, 2025.
- 🌐 Shareholders can access the company’s annual report for 2025 via a provided link.
- ✉️ Shareholders are required to provide specific documentation for verification, including NTN, CNIC, and Folio numbers.
- 🗳️ Proxies must be submitted at least 48 hours before the meeting; deadline is 5:00 PM on October 25, 2025.
- 🏢 The AGM venue is 192-Y, Commercial Area, Phase-III, DHA, Lahore.
- 📢 Members can address queries and participate by contacting investor.relations@fast-cables.com.
- 💻 Virtual event details and online resources are powered by Microsoft Teams.
- 📊 Financial performance for FY2025 indicates a loss of (PKR 6,246.73) thousands vs. a profit of PKR 198.32 thousands in 2024.
- 💸 The company has 2,500,000 authorized shares and 1,010,000 issued shares.
- ❗Revolving credit facilities and associated details are available for review.
- ⚡ Power capacity for 132/11 KV is indicated with specific values for 2025 and 2022.
- 💼 Important details regarding CDC (Central Depository Company) procedures and requirements are highlighted for share transfers.
- 🧾 The notice emphasizes compliance with SECP regulations and relevant corporate laws.
🎯 Investment Thesis
Given the lack of detailed financial information and the reported loss for FY2025, a HOLD recommendation is appropriate. Investors should await a comprehensive review of the annual report to assess the underlying factors affecting financial performance and future prospects.
Disclaimer: AI-generated analysis. Not financial advice.