⚡ Flash Summary

Nishat Power Limited (NPL) held its Annual General Meeting on October 27, 2025. Shareholders approved and adopted the annual audited financial statements for the year ended June 30, 2025. They ratified the interim cash dividends of Rs. 6 per share (60% of face value) already paid. Additionally, Riaz Ahmad & Co., Chartered Accountants, were re-appointed as external auditors for the year ending June 30, 2026, and the CEO was authorized to negotiate their remuneration.

📌 Key Takeaways

• 🗓️ AGM held on October 27, 2025.
• ✅ Approved and adopted audited financial statements for the year ended June 30, 2025.
• 💰 Ratified interim cash dividends of Rs. 6 per share (60%).
• 💸 Rs. 6 dividend already paid to shareholders.
• 👨‍💼 Riaz Ahmad & Co. re-appointed as external auditors for the year ending June 30, 2026.
• 🤝 CEO authorized to negotiate auditor remuneration.
• 🏢 Meeting location: Emporium Mall, Lahore.
• 📜 Resolutions passed as per Regulation 5.6.9 of the Rule Book.
• 📑 Certified copy of resolutions submitted to Pakistan Stock Exchange.
• 🕒 Meeting started at 11:30 A.M.

🎯 Investment Thesis

HOLD: The announcement is procedural and does not warrant a change in investment recommendation. Continued monitoring of the company’s financials and operational performance is necessary.