⚡ Flash Summary
NETS International Communication Limited will hold its Annual General Meeting (AGM) on October 28, 2025, to discuss and approve the audited financial statements for the year ended June 30, 2025. Shareholders can attend physically or register for online participation. The company will also re-appoint auditors and handle other business. The share transfer books will be closed from October 20, 2025, to October 28, 2025, for the purpose of AGM attendance.
📌 Key Takeaways
- 🗓️ AGM Date: October 28, 2025, at 11:00 AM in Lahore.
- 🏢 Location: Nine Tree Luxury Hotel & Suites, Gulberg III, Lahore.
- 🧾 Agenda: Approval of audited financial statements for the year ended June 30, 2025.
- 👩💼 Auditor Re-appointment: M/s Abdul Khaliq & Co. proposed as external auditors for the year ending June 30, 2026.
- 🔒 Share Transfer Closure: October 20, 2025, to October 28, 2025 (inclusive).
- ✉️ Proxy: Members can appoint proxies; forms must be deposited 48 hours before the AGM.
- 💻 Online Participation: Registration required by October 26, 2025, via email.
- 🌐 Website: Financial statements available on the company’s website.
- 📧 Email Circulation: Annual report to be emailed to shareholders with registered email addresses.
- Hard Copies: Available within seven working days upon request.
- 🗳️ E-Voting: Members can vote electronically or by post for special businesses.
- ⚠️ Physical Shares: Encouragement to convert physical shares to book-entry form.
🎯 Investment Thesis
Given the lack of financial performance data and the procedural nature of the announcement, maintaining a HOLD recommendation is appropriate. The absence of specific growth initiatives or strategic changes does not warrant a change in investment stance.
Disclaimer: AI-generated analysis. Not financial advice.