⚡ Flash Summary
Imperial Limited held its 19th Annual General Meeting on November 27, 2025, in Lahore. Shareholders approved the financial statements for the year ended June 30, 2025. Rizwan & Company was appointed as auditors for the next term (2025-26) with a remuneration of Rs. 1,210,000. The shareholders also accorded consent for the disposal and sale of the company’s assets located at Karmanwala, including freehold land, buildings, plant and machinery, furniture & fixtures, and equipment.
📌 Key Takeaways
- 🗓️ AGM held on November 27, 2025.
- 📍 Meeting took place in Lahore.
- ✅ Financial statements for the year ended June 30, 2025, were approved.
- 👨💼 Auditors’ and Directors’ reports were adopted.
- 🏢 Rizwan & Company appointed as auditors for 2025-26.
- 💰 Auditors’ remuneration set at Rs. 1,210,000.
- 🏭 Approval for disposal of assets at Karmanwala.
- 🏞️ Assets include freehold land and buildings.
- ⚙️ Plant, machinery, furniture, and equipment to be sold.
- 🤝 Board authorized for asset sale.
- 🧑💼 CEO can be delegated powers for asset sale.
- 📜 Negotiations to secure the best market price.
- 🏦 Assets can be sold to various entities, including banks and companies.
- 📄 Authorization for executing sale deeds and transfer documents.
- ✔️ CEO/Company Secretary to communicate resolutions to authorities.
🎯 Investment Thesis
Given the lack of specific financial details and the strategic nature of the asset disposal, a HOLD recommendation is appropriate. Investors should monitor the progress of the asset sale, the price achieved, and how the proceeds are utilized before making a BUY or SELL decision. Further information is needed to assess the long-term impact on the company’s financial performance and valuation. The time horizon for reassessing the investment thesis is medium term (6-12 months).
Disclaimer: AI-generated analysis. Not financial advice.