⚡ Flash Summary

Ghazi Fabrics International Limited (GFIL) will hold its Annual General Meeting (AGM) on October 28, 2025, to approve the financial statements for the year ended June 30, 2025. A key item on the agenda is a special resolution to sell the old plant and machinery of its Spinning Unit, citing inefficiency due to high energy consumption and lower production capacity. The proceeds from this sale will be used to repay Director’s loans and/or invest in new, more efficient technology. Shareholders are invited to attend the meeting in person or via video link, and a postal ballot option is also available.

📌 Key Takeaways

• 🗓️ GFIL’s Annual General Meeting (AGM) is scheduled for October 28, 2025.
• 🏢 The AGM will be held at The Noor Jahan Banquet Hall in Lahore.
• ✅ Shareholders will confirm the minutes of the previous AGM held on October 26, 2024.
• 📄 The company will present and seek approval for the audited financial statements for the year ending June 30, 2025.
• 💻 The annual report is accessible via the company’s website and a QR code.
• 🤝 M/s. Qadeer & Co., Chartered Accountants, are proposed for reappointment as auditors for the year ending June 30, 2026.
• 🏭 A special resolution seeks approval to sell the old plant and machinery of the Spinning Unit.
• ⚡ The reason for the sale is the plant’s inefficiency due to high energy consumption.
• 💸 The sale proceeds will be used to repay Director’s loans and/or invest in new technology.
• 🌱 New technology is sought to improve operational efficiency and sustainability.
• 🔒 Share transfer books will be closed from October 21, 2025, to October 28, 2025.
• 🗳️ Members can appoint a proxy to attend and vote on their behalf.
• 📡 Video-link facility is available for members who cannot attend in person; registration is required.
• ✉️ Members can also exercise their right to vote through e-voting/Postal Ballot.

🎯 Investment Thesis

Given the available information, a HOLD rating is appropriate. The sale of inefficient assets and reinvestment into new technology could lead to improved future performance, but there is a lack of financial detail to support a more bullish outlook. Key factors to monitor include the successful sale of the plant, the acquisition of new technology, and its impact on cost efficiency and production capacity. Without more concrete financial data, a price target cannot be established.