⚡ Flash Summary

Mitchell’s Fruit Farms Limited has announced an Extraordinary General Meeting (EOGM) to be held on December 8, 2025, for the purpose of Director’s Elections. The company has disseminated the notice via PUCARS and has uploaded the proxy form for shareholders’ facilitation. To be valid, proxy forms must be submitted to the registrar’s office no later than 48 hours before the meeting, duly signed, stamped, and witnessed. The share transfer books will be closed from December 1 to December 8, 2025.

📌 Key Takeaways

• 📅 EOGM scheduled for December 8, 2025, at 11:00 am PST in Lahore.
• 🗳️ The primary agenda is to hold Director’s Elections for the next term.
• 📄 Proxy form uploaded on PUCARS for shareholder facilitation.
• 📧 Proxy forms must be received at anum.ali@mitchells.com.pk or the registrar’s office.
• ⏳ Submission deadline: 48 hours before the meeting day.
• ✍️ Proxy forms need to be duly signed, stamped, and witnessed by two individuals.
• 🆔 Witness details required: names, addresses, CNICs, and signatures.
• 🚫 Share transfer books will be closed from December 1 to December 8, 2025.
• 🏢 Proxy submission location: 72 F.C.C. Gulberg IV, Lahore.
• 💸 Revenue stamp of RS.50/- required on the proxy form.
• 🆔 Proxy holder must produce original CNIC at the meeting.
• 🏢 Corporate entities must submit Board of Directors’ resolution/Power of Attorney.
• 📑 Attested CNIC copies of appointer and proxy holder are required.

🎯 Investment Thesis

Given the neutral nature of the announcement, a HOLD recommendation is appropriate. The notification primarily addresses procedural aspects of the upcoming EOGM and provides no new information to alter the existing investment thesis. Price target remains unchanged, with a medium-term horizon.