⚡ Flash Summary

Lucky Core Industries Limited announced the resignation of Mr. Adnan Afridi from its Board of Directors, effective November 10, 2025. The company will fill the resulting vacancy in due course, as determined by the Board of Directors. This news was communicated to the Pakistan Stock Exchange Limited, and TRE Certificate Holders will be informed accordingly. The announcement was made by Company Secretary, Laila Bhatia Bawany.

📌 Key Takeaways

• 📅 Mr. Adnan Afridi resigned from Lucky Core Industries’ Board of Directors.
• 🚪 Resignation is effective as of November 10, 2025.
• 🏢 The company announced this to the Pakistan Stock Exchange Limited.
• 📜 The vacancy will be filled by the Board of Directors.
• ℹ️ TRE Certificate Holders will be informed about the change.
• ✍️ Announcement made by Company Secretary, Laila Bhatia Bawany.
• 📍 Lucky Core Industries is located at 5 West Wharf, Karachi 74000.
• 📞 Contact at +92 21 3231 3717-22 or UAN 111 100 200.
• 🌐 Visit www.luckycore.com for more information.
• 📄 Announcement reference is LCI/ComSec/71/2025.

🎯 Investment Thesis

Given the lack of financial impact, a HOLD recommendation is maintained. Monitor the circumstances of the director’s resignation and the selection of the replacement. Further action would depend on the successor’s experience and their impact on the company’s strategy. No immediate change to price target is warranted.