⚡ Flash Summary
The 72nd Annual General Meeting (AGM) of Husein Industries Limited was held on October 28, 2025. Shareholders approved the audited financial statements for the year ended June 30, 2025. The meeting also saw the reappointment of Reanda Haroon Zakaria Amir Salman Rizwan & Co. Chartered Accountants as the external auditors for the financial year ending June 30, 2026. The Chief Executive was authorized to negotiate the auditors’ remuneration.
📌 Key Takeaways
- ✅ Audited financial statements for the year ended June 30, 2025, were approved.
- 🤝 Reanda Haroon Zakaria Amir Salman Rizwan & Co. reappointed as external auditors.
- 🗓️ Auditors appointed for the financial year ending June 30, 2026.
- 💼 Chief Executive authorized to negotiate auditor remuneration.
- 🏢 AGM held at the registered office in Landhi Industrial & Trading Estate, Karachi.
- 📅 Meeting took place on Tuesday, October 28, 2025, at 11:30 A.M.
🎯 Investment Thesis
Given the limited information in this announcement (approval of financials and reappointment of auditors), a HOLD recommendation is appropriate. Further information on the company’s financial performance is needed to make a more informed decision. A price target and time horizon cannot be defined without more data.
Disclaimer: AI-generated analysis. Not financial advice.