⚡ Flash Summary

Loads Limited held its 45th Annual General Meeting on October 24, 2025. Key resolutions passed included confirming the minutes of the previous AGM, adopting the audited financial statements for the year ended June 30, 2025, and reappointing Yousaf Adil & Co as external auditors for the year ending June 30, 2026. The company also ratified transactions with associated companies during the year ended June 30, 2025, and authorized the Chief Executive to approve future transactions with associated companies. These resolutions signal a continuation of existing practices and governance.

📌 Key Takeaways

• 🗓️ AGM held on October 24, 2025.
• ✅ Minutes from the October 24, 2024 AGM were confirmed.
• 📑 Audited Financial Statements for the year ended June 30, 2025, were adopted.
• 👨‍💼 Directors’ and Auditors’ Reports were also approved.
• 🏦 Yousaf Adil & Co reappointed as external auditors for the year ending June 30, 2026.
• 🤝 Auditor remuneration to be mutually agreed upon.
• 🔄 Transactions with associated companies during the year ended June 30, 2025, were ratified.
• 👤 Chief Executive authorized to approve transactions with associated companies for the year ending June 30, 2026.
• ✍️ CEO empowered to sign documents related to associated company transactions.
• 🏢 Meeting held at Pakistan Steel Industrial Estate Bin Qasim, Karachi.
• 📜 Resolutions passed in compliance with Pakistan Stock Exchange regulations.
• ✉️ TRE Certificate Holders to be informed of the resolutions.

🎯 Investment Thesis

Given the limited information available and the focus on procedural matters, a HOLD recommendation is appropriate. The presence of related-party transactions warrants caution. Further analysis of the company’s financial statements and related-party disclosures is needed to make a more informed investment decision. A neutral outlook is maintained until further financial details are released.