⚡ Flash Summary

Hafiz Limited’s 74th Annual General Meeting (AGM) was held on October 23, 2025. Key resolutions passed include the confirmation of minutes from the previous AGM and the adoption of the annual audited accounts for the year ended June 30, 2025. A cash dividend of 25% (Rs.2.5 per share) was approved for shareholders. Mazars M.F. & Co. were re-appointed as auditors for the year ending June 30, 2026.

📌 Key Takeaways

• 🗓️ AGM Date: 74th AGM held on October 23, 2025.
• 🏢 Location: Registered Office, Alliance Building, Karachi.
• ✅ Previous Minutes: Minutes of the 73rd AGM (October 24, 2024) approved.
• 💰 Cash Dividend: Approved 25% cash dividend (Rs.2.5 per share).
• 📅 Dividend Eligibility: Shareholders as of October 15, 2025, are eligible.
• 👨‍💼 Auditor Re-appointment: Mazars M.F. & Co. re-appointed as auditors.
• End Year For Auditors: End year 30-06-2026 for auditors
• 📜 Financials Approved: Audited accounts for year ended June 30, 2025, adopted.
• 👨‍💼 Key Attendees: Directors present at the AGM included Mr. Muhammad Farooq Usmani (Chairman & Director) and Mr. Fakhruddin Usmani (CEO/Executive Director).
• 🙏 Meeting Start: Proceedings commenced with recitation of Holy Quran by Mr. Muhammad Umer.

🎯 Investment Thesis

Based on the limited information, a HOLD recommendation is appropriate. The company appears stable, with a consistent dividend payout, but further financial details are needed for a comprehensive analysis. Price target and time horizon cannot be determined without further financial data. Once the financials are analyzed, the investment thesis should be updated to either buy, sell, or hold.