⚡ Flash Summary
Ittefaq Iron Industries Ltd. has announced its 20th Annual General Meeting (AGM) to be held on October 27, 2025, in Lahore, both in person and via video link. Shareholders will consider the audited financial statements for the year ended June 30, 2025, and appoint auditors for the subsequent year. The share transfer books will be closed from October 21, 2025, to October 27, 2025. The company encourages shareholders to participate virtually and has provided instructions for registration and access to the video link.
📌 Key Takeaways
- 🗓️ AGM scheduled for October 27, 2025, at 12:00 Noon in Lahore.
- 💻 Option to attend AGM via video link for remote participation.
- ✅ Agenda includes confirming minutes from the last AGM held on October 28, 2024.
- 🧾 Review and adoption of audited financial statements for the year ending June 30, 2025.
- 🧑⚖️ Appointment of auditors for the year ending June 30, 2026.
- 🔒 Share transfer books closure from October 21 to October 27, 2025.
- 🆔 Identity verification required for in-person attendees with original CNIC.
- 🏢 Corporate attendees need to provide Board Resolution/Power of Attorney.
- ✉️ Registration required to participate via video link; email ittefaqagm@gmail.com at least 48 hours before.
- 🌐 Audited financial statements available on the company’s website: https://ittefaqsteel.com/financial-reports/annualreport2025.pdf
- 🚫 No gifts or incentives will be distributed at the AGM.
- 🗣️ Shareholders can share comments/suggestions via WhatsApp 0343-6142857 or email.
- 📜 Proxy forms available on the company’s website for appointing representatives.
- 🏢 Contact corporate affairs at 042-35765029 or email for queries.
🎯 Investment Thesis
A HOLD recommendation is appropriate at this time, pending review of the detailed financial results to be presented at the AGM. It’s crucial to assess revenue trends, profitability, debt levels, and cash flow generation before making a definitive investment decision.
Disclaimer: AI-generated analysis. Not financial advice.