⚡ Flash Summary

Ghani ChemWorld Limited (GCWL) has announced that it will conduct its 1st Annual General Meeting (AGM) on October 28, 2025, and is providing the facility of e-voting and postal ballot for special business agenda items 5 to 10. The company has appointed Digital Custodian Company Limited as the service provider and Nasir Jamil & Co., Chartered Accountants, as the scrutineer. E-voting will start on October 24, 2025 and close on October 27, 2025. The postal ballot should reach the Chairman by October 27, 2025.

📌 Key Takeaways

• 🗓️ GCWL’s 1st Annual General Meeting is scheduled for October 28, 2025.
• 🗳️ E-voting and postal ballot options are available for special business agenda items 5 to 10.
• 💻 E-voting starts on October 24, 2025, at 09:00 AM and closes on October 27, 2025, at 5:00 PM.
• ✉️ Postal ballots must reach the Chairman by October 27, 2025.
• 🏢 The AGM will be held at the registered office at 10-N, Model Town Extension, Lahore, and via video conferencing.
• 🌐 Members can vote anytime during the e-voting period, with no option to change votes once cast.
• 🔒 The signature on the ballot paper must match the signature on CNIC.
• 📄 A copy of the CNIC must be included with the postal ballot.
• 💼 Digital Custodian Company Limited is the service provider for e-voting.
• 🧾 Nasir Jamil & Co., Chartered Accountants, is the scrutineer for the process.
• 🔗 The company will circulate annual financial statements through QR code and weblink.
• 🌐 Quarterly accounts will be distributed via the company’s website.
• 💰 GCWL is authorized to invest up to PKR 500 million in Ghani Global Holdings Limited (GGL) through advances and loans.
• 🤝 GCWL is authorized to invest up to PKR 500 million in Ghani Global Glass Limited (GGGL) through advances and loans.
• 🏭 GCWL is authorized to invest up to PKR 500 million in Ghani Chemical Industries Limited (GCIL) through advances and loans.

🎯 Investment Thesis

HOLD. This announcement primarily concerns procedural updates regarding the AGM and voting. While the authorization to invest in associated companies presents a potential avenue for growth, a thorough review of the financial implications and performance of these associated companies is needed to form a concrete investment thesis.