⏸️ JSIL: HOLD Signal (5/10) – Extraordinary General Meeting Notice Publication in newspapers

📌 Key Takeaways

• 📅 EOGM scheduled for December 26, 2025, at 10:30 a.m.
• 🏢 Location: 15th Floor, The Centre, Plot No. 28, SB-5, Abdullah Haroon Road, Saddar, Karachi, and via Zoom.
• 🗳️ Election of seven directors for a three-year term.
• 📜 Election is in accordance with Section 159(1) of the Companies Act, 2017.
• 🔄 Retiring directors are eligible for re-election.
• ⛔ Share transfer books closed from December 19, 2025, to December 26, 2025.
• ✉️ Physical transfers must be received by CDCSRSL before December 18, 2025.
• 🌐 Shareholders can update address changes with CDCSRSL.
• 🆔 Shareholders requested to provide CNIC copies to CDCRSRL.
• ✉️ Proxy instruments must be received 48 hours before the meeting.
• 🚫 No gifts or vouchers will be distributed at the EOGM as per SECP directives.
• 💻 Notice and proxy form available on the company website: www.jsil.com.
• 📧 Notice circulated via email to shareholders who have provided email addresses.
• 🔗 Shareholders can attend via video link by registering with shareholders@jsil.com.

🎯 Investment Thesis

Given the announcement’s nature—an EOGM for electing directors—a HOLD recommendation is appropriate. There’s no fundamental change in the company’s operations or financial outlook based on this information. The election of directors is a routine corporate governance matter, and the impact on JSIL’s share price is expected to be neutral. Price Target: Maintain existing price target based on previous analysis. Time Horizon: Medium Term.