⚡ Flash Summary

The announcement details resolutions passed at Idrees Textile Mills Limited’s 36th Annual General Meeting (AGM) held on November 27, 2025. Key decisions included the approval of the minutes from the previous AGM on November 27, 2024, and the adoption of the annual audited financial statements for the year ending June 30, 2025. Additionally, M/s BDO Ebrahim & Co. were re-appointed as external auditors for the financial year ending June 30, 2026. This information provides insight into the company’s governance and operational continuity.

📌 Key Takeaways

• ✅ AGM held on November 27, 2025, at Hotel Faran, Karachi.
• 🗓️ Minutes of the previous AGM held on November 27, 2024, were approved.
• ✔️ Annual audited financial statements for the year ended June 30, 2025, were adopted.
• 🤝 M/s BDO Ebrahim & Co. re-appointed as external auditors.
• 🧑‍💼 Auditors appointed for the financial year ending June 30, 2026.
• 🏢 Syed Shahid Sultan, Company Secretary, certified the resolutions.
• 📜 Resolutions passed during the 36th AGM.
• 📍 Company’s registered office located in Karachi.
• 📊 Financial statements include Directors’ Report, Auditors’ Report, and Chairman’s Review Report.
• 🤝 Auditor remuneration mutually agreed upon.
• ✔️ Approval confirms governance and compliance.

🎯 Investment Thesis

Based solely on this announcement, a HOLD recommendation is appropriate. The AGM resolutions indicate the company is maintaining standard governance practices. Without specific financial data, an informed decision on BUY or SELL cannot be made. Further information, such as detailed financial statements and company performance metrics, is needed for a complete investment evaluation.