⚡ Flash Summary
ICCI Industries Limited held its 37th Annual General Meeting on October 28, 2025, where key resolutions were passed. These included the confirmation of the minutes from the previous AGM held on October 28, 2024. The audited financial statements for the year ended June 30, 2025, along with the auditors’ and directors’ reports, were approved and adopted. Additionally, Reanda Haroon Zakaria Aamir Salman Rizwan & Company Chartered Accountants were re-appointed as external auditors for the year ending June 30, 2026, with a remuneration of Rs. 615,000.
📌 Key Takeaways
- 🗓️ The 37th Annual General Meeting (AGM) of ICCI Industries Limited took place on October 28, 2025.
- ✅ Minutes from the previous AGM held on October 28, 2024, were approved.
- 💰 Audited financial statements for the year ended June 30, 2025, were approved and adopted.
- 🧑💼 Auditors’ and Directors’ reports were also approved.
- 🤝 Reanda Haroon Zakaria Aamir Salman Rizwan & Company re-appointed as external auditors.
- 📅 The auditors’ term is for the year ending June 30, 2026.
- 💸 The auditors’ remuneration is set at Rs. 615,000.
- 🏢 The meeting was held at the registered office of ICCI Industries in Lahore.
- 📜 Certified copies of the resolutions were issued.
- ✔ The resolutions confirm operational and financial continuity for the company.
- 🏭 ICC Industries has group companies including The Imperial Electric Co. and EMCO Industries Ltd.
🎯 Investment Thesis
Based on the information provided, a HOLD recommendation is appropriate. The announcement does not contain any significant financial data that would drive a BUY or SELL decision. It mainly confirms the company’s adherence to corporate governance and regulatory requirements. Without further financial details, a price target cannot be reliably established. The time horizon is dependent on the release of detailed financial results.
Disclaimer: AI-generated analysis. Not financial advice.