⚡ Flash Summary

The Annual General Meeting (AGM) of Ittefaq Iron Industries Ltd. was held on October 27, 2025. During the meeting, the minutes of the previous AGM held on October 28, 2024, were confirmed. Members also received, considered, and adopted the company’s audited financial statements for the fiscal year ended June 30, 2025. Additionally, M/s Kaleem Chartered Accountants were appointed as statutory auditors to hold office until the conclusion of the next AGM, with their remuneration to be approved by the Chairman.

📌 Key Takeaways

• 🗓️ The Annual General Meeting (AGM) took place on October 27, 2025.
• 🏢 The AGM was held at the company’s registered office in Gulberg III, Lahore.
• ✅ Minutes of the AGM held on October 28, 2024, were confirmed.
• 🧾 Audited financial statements for the year ended June 30, 2025, were adopted.
• 🤝 M/s Kaleem Chartered Accountants were appointed as statutory auditors.
• tenure lasts until the conclusion of the next AGM.

🎯 Investment Thesis

Given the limited information available in the announcement, a HOLD recommendation is appropriate. Further analysis would require access to the company’s financial statements and a deeper understanding of its operations, market position, and growth prospects. Without this information, it is difficult to determine a price target or time horizon.