⚡ Flash Summary

Nazir Cotton Mills Limited (NCML) will hold its 50th Annual General Meeting (AGM) on October 28, 2025, to review and adopt the annual audited financial statements for the year ended June 30, 2025. The meeting will also address the reappointment of M/s Kamran & Co. as auditors. Shareholders can attend in person or via video link, with registration required by October 26, 2025. The company has placed the AGM notice and financial statements on its website.

📌 Key Takeaways

• 🗓️ The 50th Annual General Meeting (AGM) will be held on October 28, 2025.
• 📍 The meeting will take place at the company’s registered office in Lahore.
• 💻 Shareholders can participate via video link.
• ✔️ Agenda includes adopting annual audited financial statements for the year ended June 30, 2025.
• 🧑‍💼 Auditors will be reappointed.
• 🌐 Financial statements are available on the company’s website: www.nazircotton.com.
• 🔒 Share transfer books will be closed from October 21, 2025, to October 28, 2025.
• 🤝 Proxy appointments must be deposited 48 hours before the meeting.
• 🏦 Electronic dividend payments require CNIC/IBAN submission.
• ⚠️ Future dividend payments may be withheld without CNIC/IBAN submission.
• 🧾 Shareholders must submit Zakat declarations.
• 📧 Annual reports can be circulated via email; shareholders should provide their email addresses.
• 🏢 Physical shares should be deposited in a CDC account.
• 🚫 Gifts to members are restricted as per SECP regulations.
• 📝 Online participation requires registration by October 26, 2025 via chairman@nazircotton.com

🎯 Investment Thesis

Without financial information, a definitive investment thesis cannot be formed. Based solely on the AGM notice, a HOLD recommendation is appropriate until a review of the financial statements and company performance can be conducted.