⚡ Flash Summary

The Pakistan Credit Rating Agency Limited (PACRA) has announced a board meeting scheduled for Tuesday, November 25, 2025, at its registered office in Lahore to consider corporate matters other than financial results. An Extraordinary General Meeting (EGM) will be held on December 29, 2025, to address the election of directors and the ratification of resolutions passed under ‘Special Business’ at the 31st Annual General Meeting (AGM) dated October 28, 2025, to address a procedural lapse. The announcement clarifies that there is no other material information to be disclosed at this time. This communication is intended for the Pakistan Stock Exchange Limited and TRE Certificate Holders.

📌 Key Takeaways

• 📅 PACRA’s board meeting set for November 25, 2025, focuses on non-financial corporate matters.
• 🏢 Meeting will be held at the Registered office of the Company FB1, Awami Complex, Usman Block, New Garden Town, Lahore.
• 🗳️ An Extraordinary General Meeting (EGM) scheduled for December 29, 2025, under the Companies Act, 2017.
• 💼 The EGM will address the election of directors.
• 📜 Ratification of resolutions from the 31st AGM dated October 28, 2025, will be considered.
• ⚠️ The resolutions relate to ‘Special Business’ to address a procedural lapse.
• ℹ️ No other material information is expected to be announced.
• 📢 TRE Certificate Holders of the Exchange will be informed accordingly.
• ✉️ The communication is addressed to the Pakistan Stock Exchange Limited.
• 🏢 PACRA’s Lahore office is located at FB-1, Awami Complex, Usman Block, New Garden Town.
• 👤 Iram Shahzadi is the Company Secretary.
• 🏛️ CC: The Executive Director/ HOD, Offsite- II Department Supervision Division, Securities & Exchange Commission of Pakistan, Islamabad.

🎯 Investment Thesis

Based solely on this announcement, a HOLD recommendation is appropriate. The meeting addresses corporate governance matters, but no immediate financial implications are apparent. A more comprehensive analysis of PACRA’s financial performance is necessary to make a well-informed investment decision.