⚡ Flash Summary

Pakistan Oilfields Limited (POL) is holding its 74th Annual General Meeting (AGM) on October 27, 2025, to approve the audited financial statements for the year ended June 30, 2025. Shareholders will also vote on the proposed final cash dividend of Rs. 50 per share (500%), in addition to the already paid interim dividend of Rs. 25 per share (250%), making a total dividend of Rs. 75 per share (750%) for the year. The meeting will also address the appointment of auditors for the year ending June 30, 2026, and any other business with the Chairman’s permission. The company encourages shareholders to participate via video link and has provided instructions for doing so.

📌 Key Takeaways

• 📅 The 74th Annual General Meeting (AGM) will be held on Monday, October 27, 2025, at 10:00 hours.
• 🏢 The AGM will take place at 4th Floor, Attock House, Morgah, Rawalpindi.
• 💻 A video link (Zoom Application) facility will be available for interested shareholders.
• ✅ Shareholders will consider and approve the audited financial statements for the year ended June 30, 2025.
• 💰 A final cash dividend of Rs. 50 per share (500%) is proposed by the Board of Directors.
• 💸 This is in addition to the interim cash dividend of Rs. 25 per share (250%) already paid.
• 🎉 The total cash dividend for the year ended June 30, 2025, amounts to Rs. 75 per share (750%).
• 🧑‍⚖️ Auditors will be appointed for the year ending June 30, 2026, and their remuneration will be fixed.
• 🏢 The current auditors, Messer A.F. Ferguson & Co., offer themselves for reappointment.
• 🔒 Share transfer books will be closed from October 21, 2025, to October 27, 2025 (inclusive).
• 🏦 Shareholders must provide their International Bank Account Number (IBAN) to receive cash dividends directly.
• 🆔 Shareholders are required to submit a copy of their valid CNIC for dividend payment.
• 🧾 Shareholders can claim unclaimed dividends and undelivered share certificates from the company.
• 🎁 No gifts will be distributed at the annual general meeting as per regulatory compliance.
• 📧 Shareholders intending to participate through video link should email cs@pakoil.com.pk or WhatsApp at 0333-5310332.

🎯 Investment Thesis

Based on the information provided in the announcement, a HOLD recommendation is appropriate. The announcement mainly covers AGM proceedings and dividend distribution, indicating a stable corporate structure and a shareholder-friendly approach. However, a comprehensive investment decision requires a deeper analysis of the company’s financial performance, growth prospects, and risk factors, which are not provided in this announcement. Further research is necessary to ascertain a suitable price target and time horizon.