⚡ Flash Summary

Premium Textile Mills Limited held its Annual General Meeting on October 28, 2025, where shareholders confirmed the minutes of the previous AGM, adopted the audited financial statements for the year ended June 30, 2025, and approved a final cash dividend of Rs. 2.00 per share, equivalent to 20%. The meeting also re-appointed M/s Rahman Sarfaraz Rahim Iqbal Rafiq Chartered Accountants as external auditors for the fiscal year ending June 30, 2026. The CEO and Company Secretary are authorized to complete all necessary actions for implementing these resolutions. This demonstrates a commitment to rewarding shareholders and maintaining financial oversight.

📌 Key Takeaways

• ✅ Minutes of the previous Annual General Meeting held on October 25, 2024, were confirmed.
• 📈 Audited Financial Statements for the year ended June 30, 2025, were received and adopted.
• 💰 A final cash dividend of Rs. 2.00 per share (20%) was approved for the year ended June 30, 2025.
• 🗓️ Dividend will be paid to members appearing in the Register of Members as of October 20, 2025.
• ✍️ CEO and Company Secretary are authorized to implement the resolutions.
• 👨‍💼 M/s Rahman Sarfaraz Rahim Iqbal Rafiq Chartered Accountants re-appointed as external auditors.
• audit The auditors will serve for the financial year ending June 30, 2026.
• 🤝 Terms for the auditors’ re-appointment to be agreed with management.
• 🏢 Meeting demonstrates compliance with PSX rulebook.
• ⭐ AGM reflects standard operational procedures and shareholder engagement.

🎯 Investment Thesis

Given the limited information, a HOLD recommendation is appropriate. The approval of a dividend is a positive sign, but a comprehensive analysis requires a review of the company’s financial statements. Without this, it is difficult to establish a firm price target. The time horizon depends on the investor’s objectives and risk tolerance, but a medium-term horizon (1-3 years) may be appropriate to assess the company’s financial performance and dividend sustainability.