⚡ Flash Summary

Pace (Pakistan) Limited held its 34th Annual General Meeting on October 28, 2025. Shareholders approved the minutes of the Extraordinary General Meeting held on September 24, 2025. They also adopted the audited financial statements for the year ended June 30, 2025, along with the chairman’s, directors’, and auditors’ reports. M/s Junaidy Shoaib Asad, Chartered Accountants, were appointed as auditors for the year ending June 30, 2026, with the CEO authorized to negotiate their remuneration.

📌 Key Takeaways

• 🗓️ AGM held on October 28, 2025.
• ✅ Minutes of Extraordinary General Meeting (September 24, 2025) approved.
• 📜 Audited financial statements for the year ended June 30, 2025, adopted.
• 👨‍💼 Chairman’s review, directors’ report, and auditors’ reports also adopted.
• 🧑‍💼 M/s Junaidy Shoaib Asad appointed as auditors for the year ending June 30, 2026.
• 🤝 Auditors will hold office until the next AGM, unless they resign.
• 🗣️ CEO authorized to negotiate and fix auditors’ remuneration.
• 🇵🇰 Pace (Pakistan) Limited is the company in focus.
• 🏢 Registered office is First Capital House, Lahore.
• 📞 Contact number: +92-42-35778217-8.

🎯 Investment Thesis

Based on the information available, a HOLD recommendation is appropriate. More financial data is needed to make a more informed decision. Price target cannot be determined without more data.