⚡ Flash Summary

International Industries Ltd. (INIL) has announced the election of its directors at the 77th Annual General Meeting (AGM). The elected directors will serve a three-year term. The board now consists of a mix of executive, non-executive, and independent directors. This announcement provides insight into the governance structure of the company.

📌 Key Takeaways

• 🗓️ Election of directors announced on September 26, 2025.
• 🏢 Announcement made to the Pakistan Stock Exchange Limited.
• 🤝 Directors elected at the 77th AGM of International Industries Ltd.
• 🕒 Directors will serve a term of three (3) years.
• 👨‍💼 Mr. Kamal A. Chinoy elected as Non-Executive Director.
• 🧑‍💼 Mr. Asif Jooma elected as Independent Director.
• 👨‍💼 Mr. Haider Rashid elected as Independent Director.
• 👨‍💼 Mr. Mustapha A. Chinoy elected as Non-Executive Director.
• 👨‍💼 Mr. Mansur Khan elected as Independent Director.
• 👩‍💼 Mrs. Selina Rashid Khan elected as Non-Executive Director.
• 👨‍💼 Mr. Shoaib Mir elected as Non-Executive Director.
• 👨‍💼 Mr. Zain Kamal Chinoy elected as Executive Director.
• ℹ️ The company secretary is M. Irfan Bhatti.
• 🏢 Company’s head office is located in Karachi, Pakistan.

🎯 Investment Thesis

Based solely on the announcement of the election of directors, a HOLD recommendation is appropriate. The information is purely related to governance and does not provide sufficient insight to make a BUY or SELL decision. A more comprehensive analysis of the company’s financial performance, strategic direction, and industry outlook is necessary before making an investment recommendation.