⏸️ GCIL: HOLD Signal (5/10) – Newspaper Cuttings regarding Notice u/s 159(4) of the Companies Act, 2017 – Ghani Chemical Industries Limited

📌 Key Takeaways

• 🗓️ GCIL’s 10th Annual General Meeting (AGM) will be held on October 28, 2025.
• 🇵🇰 The announcement complies with Section 159(4) of the Companies Act, 2017 of Pakistan.
• 🗳️ Several individuals have expressed their intention to be elected as Directors at the upcoming AGM.
• 👩‍💼 Mrs. Rabia Atique is nominated as a female director.
• 💼 Hafiz Imran Lateef and Sheikh Muhammad Saleem Ahsan are nominated as independent directors.
• 👨‍💼 Mr. Masroor Ahmad Khan, Mr. Atique Ahmad Khan, Hafiz Farooq Ahmad, and Mr. Muhammad Hanif are nominated as other directors.
• 🌐 Director profiles are accessible on GCIL’s official website.
• ✅ Independent directors were selected based on their experience, competencies, and compliance with regulatory requirements.
• 🤝 The number of candidates is equal to the number of board seats.
• 🏆 Nominees are expected to be elected as Directors at the mentioned meeting.
• 🏢 The AGM will be held at GCIL’s registered office in Lahore.
• 📅 Notice for the meeting was issued on October 17, 2025.
• 📰 The notice was published in Daily Ausaf and Business Recorder on October 18, 2025.

🎯 Investment Thesis

HOLD. The announcement primarily covers director elections and compliance with regulatory requirements. Without underlying financial performance data, it’s difficult to make a firm investment recommendation. The investor should maintain their current position unless further material information becomes available. Price target cannot be reasonably estimated.