⚡ Flash Summary

Ghani Chemical Industries Limited (GCIL) has announced its 10th Annual General Meeting (AGM) scheduled for October 28, 2025. The meeting will cover ordinary business such as approving annual accounts and auditor appointments, and special business including increasing investments in associated companies like Ghani Global Holdings Limited (GGL), Ghani Global Glass Limited (GGGL), and Ghani ChemWorld Limited (GCWL). Additionally, shareholders will consider the issuance of a cross-corporate guarantee for GCWL and the replacement of the existing Employee Stock Option Scheme (ESOS). The notice includes details on book closure, director elections, AGM attendance, and availability of financial statements.

📌 Key Takeaways

• 📅 AGM Date: The 10th Annual General Meeting is scheduled for October 28, 2025, at 10:30 AM.
• ✅ Ordinary Business: Approval of annual audited accounts for the year ending June 30, 2025.
• 👩‍💼 Auditor Appointment: Appointment of auditors for the year ending June 30, 2026, with M/S ShineWing Hameed Chaudhri & Co. eligible for reappointment.
• 🗳️ Director Election: Election of seven directors for a three-year term starting October 31, 2025.
• ⬆️ Investment in GGL: Proposed increase in investment in Ghani Global Holdings Limited from Rs. 200 million to Rs. 300 million.
• ⬆️ Investment in GGGL: Proposed increase in investment in Ghani Global Glass Limited from Rs. 1,300 million to Rs. 1,500 million.
• ⬆️ Investment in GCWL: Proposed increase in investment in Ghani ChemWorld Limited from Rs. 1,500 million to Rs. 2,000 million.
• 🏦 Cross-Corporate Guarantee: Approval to issue a cross-corporate guarantee of Rs. 1,000 million for Ghani ChemWorld Limited.
• 📉 Divestment of GCWL Shares: Consideration to disinvest 50,000 ordinary shares of Rs. 10 each from Ghani ChemWorld Limited.
• 🔄 ESOS Replacement: Proposal to replace the existing Employee Stock Option Scheme.
• 🛑 Book Closure: Share transfer books will be closed from October 21, 2025, to October 28, 2025.
• 🌐 Website Availability: Audited financial statements are available on the company’s website.
• 📧 Video Link Participation: Members can participate in the AGM via video link by registering via email by October 21, 2025.
• 📑 Postal Ballot/E-Voting: Electronic voting and postal voting are available for the election of directors and special businesses.

🎯 Investment Thesis

Based on the provided information, a HOLD recommendation is appropriate. While the proposed investments in associated companies suggest growth potential, further analysis of the consolidated financial statements is necessary to assess the overall impact on profitability and risk. There is no explicit price target and depends on a full analysis of the annual report. It is a Medium Term view.