⚡ Flash Summary

Hi-Tech Lubricants Limited (HTL) has announced the pre-publication of newspaper advertisements regarding ballot papers for special businesses to be conducted at the 17th AGM. The advertisements will be published in English (Daily Business Recorder) and Urdu (Daily Nawa e Waqt) newspapers on October 17, 2025. The AGM is scheduled for October 24, 2025. Shareholders will vote via postal ballot on resolutions regarding transactions with related parties, specifically Sabra Hamida Trust (SHT) and Hi-Tech Blending (Private) Limited (HTBL).

📌 Key Takeaways

• 📢 HTL announces pre-publication for ballot paper advertisements.
• 📰 Ads will appear in Daily Business Recorder and Nawa e Waqt on October 17, 2025.
• 🗓️ 17th AGM is scheduled for October 24, 2025, in Lahore.
• 🗳️ Postal ballots to be used for voting on special business.
• 🤝 Transactions with Sabra Hamida Trust (SHT) to be ratified.
• 💰 Donations to SHT under CSR policy totaled PKR 18,000,000.
• 💸 Board authorized to approve transactions with SHT up to PKR 30 million until next AGM.
• 🏢 Transactions with Hi-Tech Blending (Private) Limited (HTBL) to be ratified.
• 📊 Sale of lubricants to HTBL amounted to PKR 2,582,362.
• 🏭 Purchase of lubricants from HTBL amounted to PKR 6,975,090,919.
• 🏢 Lease rentals paid to HTBL totaled PKR 3,000,000.
• 🏦 Short term loan given to HTBL was PKR 512,800,000.
• 🔄 Short term loan repaid by HTBL was PKR 512,800,000.
• 💰 Interest received on short term loan from HTBL was PKR 36,714,195.
• ✅ Board authorized to approve transactions with HTBL until next AGM.

🎯 Investment Thesis

Based on the announcement, a HOLD recommendation is appropriate. The information provided does not offer enough new insight to change the current investment strategy. Continued monitoring of financial statements and related party transactions is essential to make an informed investment decision. Price target and time horizon will depend on further fundamental analysis.