⚡ Flash Summary

The Twentieth Annual General Meeting (AGM) of Pervez Ahmed Consultancy Services Limited was held on November 4, 2025, where the annual audited accounts for the financial year ending June 30, 2025, were approved. The company’s auditors, M/s Rizwan & Company, Chartered Accountants, were re-appointed for the financial year ending June 30, 2026, with their remuneration to be determined by the Chief Executive Officer. Additionally, Mr. Ali Pervez Ahmad, the Chief Executive, and/or Mr. Rizwan Atta, the Company Secretary, were authorized to file all necessary statutory returns and documents with the Registrar of Companies, SECP, within the stipulated time limits. The AGM was originally scheduled for October 28, 2025, but was adjourned due to a lack of quorum.

📌 Key Takeaways

• ✅ Annual audited accounts for the financial year ending June 30, 2025, were approved.
• 🤝 M/s Rizwan & Company re-appointed as auditors for the financial year ending June 30, 2026.
• 💰 Auditor remuneration to be determined by the Chief Executive of the Company.
• 📄 Mr. Ali Pervez Ahmad and/or Mr. Rizwan Atta authorized to file statutory documents with SECP.
• 📅 AGM held on November 4, 2025.
• 🏢 AGM location: Avari Express, 11-K, Main Boulevard, Gulberg II, Lahore.
• ⏰ AGM started at 4:30 p.m.
• 🗓️ Original AGM date: October 28, 2025, but adjourned due to lack of quorum.
• 📜 Resolutions passed unanimously.
• 💼 Mr. Ali Pervez Ahmad is the Chief Executive.
• 🔑 Mr. Rizwan Atta is the Company Secretary.
• 🏛️ SECP is the Registrar of Companies.
• 📍 Company address: 20-K, Gulberg II, Lahore.

🎯 Investment Thesis

Given the limited information in the announcement, a HOLD recommendation is appropriate. Further analysis is required, including a review of the financial statements, before making a BUY or SELL recommendation. A price target cannot be determined without more information.