⚡ Flash Summary

The document certifies the resolutions passed at Invest Capital Investment Bank Limited’s 33rd Annual General Meeting (AGM) held on October 27, 2025. Key resolutions include the confirmation and approval of the minutes from the previous AGM held on October 25, 2024. Additionally, the audited annual financial statements for the year ended June 30, 2025, along with the directors’ and auditors’ reports, were received, considered, and adopted. Avais Chartered Accountants was appointed as the external auditor until the conclusion of the next AGM for the financial year 2025-2026.

📌 Key Takeaways

• ✅ Minutes of the previous AGM held on October 25, 2024, were confirmed and approved.
• ✅ Audited annual financial statements for the year ended June 30, 2025, were adopted.
• ✅ Directors’ and auditors’ reports were reviewed and accepted.
• 🧑‍💼 Avais Chartered Accountants appointed as external auditors.
• 📅 Auditor appointment effective until the next AGM.
• 🗓️ Auditors will serve for the financial year 2025-2026.
• 🏦 Board of Directors to determine the remuneration for the external auditors.
• 📜 Resolutions passed in accordance with the Rule Book of Pakistan Stock Exchange Limited.
• 🏢 The 33rd AGM was held on October 27, 2025.
• ⏰ The meeting commenced at 11:00 a.m.

🎯 Investment Thesis

Given the limited scope of the document, which mainly covers procedural resolutions from the AGM, a HOLD recommendation is appropriate. Further financial information is required to assess ICIBL’s investment viability. A neutral stance is maintained until detailed financial reports are reviewed to determine a price target and time horizon.