⏸️ NCPL: HOLD Signal (5/10) – Filling of Certified Copy of Resolutions Passed by the Shareholders in Compliance with the requirements of Regulation 5.6.9 of the Rule Book

📌 Key Takeaways

• ✅ NCPL filed certified resolutions from its AGM held on October 27, 2025.
• 💰 Shareholders adopted the audited financial statements for the year ended June 30, 2025.
• 👍 The adoption includes the Chairman’s Review, Directors’, and Auditor’s reports.
• 💸 Interim cash dividends of Rs. 7 per share (70% payout) were ratified.
• 🗓️ The dividend pertains to the year ended June 30, 2025.
• 👨‍💼 Riaz Ahmad & Co. re-appointed as external auditors for the year ending June 30, 2026.
• 🤝 CEO authorized to negotiate and fix the auditors’ remuneration.
• 🏢 The AGM was held at Emporium Mall, The Nishat Hotel, Lahore.
• 📜 Resolutions comply with Regulation 5.6.9 of the Rule Book.
• ✉️ The announcement was addressed to the General Manager, Pakistan Stock Exchange.
• 📅 Announcement date: October 27, 2025.
• 👤 Khalid Mahmood Chohan, Head of Corporate Affairs, signed the announcement.

🎯 Investment Thesis

HOLD. The announcement confirms past dividend payouts and routine governance procedures. Without access to the financial statements, it is not possible to form a strong investment thesis. Wait for detailed financial releases to assess profitability and growth potential before making a BUY or SELL decision. A price target will be determined upon financial statement analysis. Time horizon: Medium term (6-12 months).