⚡ Flash Summary
Khalid Siraj Textile Mills Limited held its 38th Annual General Meeting on October 28, 2025. The meeting addressed routine items including confirming the minutes of the Extraordinary General Meeting from April 14, 2025. Shareholders approved the audited financial statements for the year ended June 30, 2025, along with the directors’ and auditors’ reports. M/s. Sheikh & Chaudhri, Chartered Accountants, were re-appointed as statutory auditors for the year ending June 30, 2026.
Signal: HOLD ⏸️
Strength: 5/10
Sentiment: NEUTRAL
Time Horizon: MEDIUM_TERM
📌 Key Takeaways
- 🗓️ AGM held on October 28, 2025.
- 📜 Minutes of Extraordinary General Meeting held on April 14, 2025, were confirmed.
- ✅ Audited Financial Statements for the year ended June 30, 2025, were approved.
- 👨💼 Directors’ and Auditors’ reports were reviewed and adopted.
- 🏢 M/s. Sheikh & Chaudhri re-appointed as statutory auditors.
- 📅 Auditors appointed for the year ending June 30, 2026.
- Chief Executive Officer authorized to fix auditor remuneration.
- 📍 Meeting held at the Registered Office, 135-Upper Mall, Lahore.
- 🤝 Mian Iqbal Barkat gave thanks to the Chair.
🎯 Investment Thesis
Given the lack of financial information, a HOLD recommendation is appropriate. More detailed financial analysis is necessary to determine if a BUY or SELL recommendation is warrented.
Disclaimer: AI-generated analysis. Not financial advice.