⚡ Flash Summary

Hum Network Limited will hold its 21st Annual General Meeting (AGM) on October 27, 2025, both in person and via video conference. The meeting will cover confirming minutes from the previous AGM, adopting the annual audited financial statements for the year ended June 30, 2025, and appointing auditors for the financial year ending June 30, 2026. The Board recommends re-appointing EY Ford Rhodes as external auditors. Shareholders are encouraged to participate electronically, and the company has provided instructions for registering for the video link.

📌 Key Takeaways

• 📅 AGM scheduled for October 27, 2025.
• 📍 Meeting will be held at BRR Tower, Karachi and via video conference.
• 📜 Agenda includes confirming minutes of the 20th AGM.
• ✅ Adoption of annual audited financial statements for the year ended June 30, 2025.
• 👨‍💼 Appointment of auditors for the financial year ending June 30, 2026.
• 👍 EY Ford Rhodes recommended for reappointment as auditors.
• 🖥️ Shareholders can attend via video-link; registration required by October 25, 2025.
• 🔗 Annual Report available on the company’s website.
• ⛔ Share transfer books will be closed from October 20, 2025, to October 27, 2025.
• ✉️ Members can appoint proxies to attend and vote.
• 🏢 Proxy forms must be deposited at the registered office 48 hours before the meeting.
• 🏦 Electronic dividend mandate is mandatory under Companies Act, 2017.
• 🧾 Shareholders must provide bank account details for dividend payments.
• ❗ Unclaimed dividends/shares for three years vest with the Federal Government.
• Tax deduction rates are 15% for filers and 30% for non-filers for cash dividends.

🎯 Investment Thesis

Based on the provided information, a HOLD recommendation is appropriate. The announcement is procedural and doesn’t offer sufficient insight into the company’s financial health or future prospects to warrant a BUY or SELL decision. More information is needed before taking a position.