⚡ Flash Summary
Pakistan PVC Limited held its 62nd Annual General Meeting on October 24, 2025, where key resolutions were passed. The minutes of the 61st AGM held on October 25, 2024, were confirmed. The audited financial statements for the year ended June 30, 2025, along with the Chairman’s Review, Directors’ and Auditors’ Reports, were adopted. M/s. Mushtaq & Company, Chartered Accountants, were appointed as auditors for the year ending June 30, 2026, at a remuneration of Rs. 283,500.
📌 Key Takeaways
- 🗓️ 62nd Annual General Meeting held on October 24, 2025.
- ✅ Minutes of the 61st AGM (October 25, 2024) confirmed.
- 📊 Audited financial statements for the year ended June 30, 2025, adopted.
- 📜 Chairman’s Review, Directors’ and Auditors’ Reports approved.
- 👨💼 M/s. Mushtaq & Company appointed as auditors.
- 💼 Auditors appointed for the year ending June 30, 2026.
- 💰 Auditors’ remuneration set at Rs. 283,500.
- 📍 Meeting held at the registered office in Shaffiabad, Gharo, District Thatta.
- 🇵🇰 Company listed on the Pakistan Stock Exchange.
- 📄 Resolutions passed as per Regulation No. 5.6.9 (b) of the Rule Book.
- ✉️ Certified copy of resolution enclosed with the announcement.
- 🏢 Pakistan PVC Limited is located in Islamabad’s industrial area.
- 🌐 Company website: www.shavyl.com
🎯 Investment Thesis
A HOLD recommendation is appropriate at this time, pending the availability of detailed financial data. The announcement confirms routine corporate governance activities, but lacks information to support a strong BUY or SELL decision. A price target cannot be established without further financial analysis.
Disclaimer: AI-generated analysis. Not financial advice.