⚡ Flash Summary

Pakistan State Oil’s 49th Annual General Meeting (AGM) resolutions were adopted, including the confirmation of the minutes of the 48th AGM and the approval of the audited financial statements for the year ended June 30, 2025. KPMG Taseer Hadi & Co. were re-appointed as external auditors for the year ending June 30, 2026. Shareholders also approved a final cash dividend of Rs. 10 per share, representing 100% of the face value, for the year ended June 30, 2025. These decisions indicate continued operational and financial oversight, as well as shareholder returns.

📌 Key Takeaways

• ✅ Minutes of the 48th AGM held on October 24, 2024, were confirmed.
• 📊 Audited unconsolidated and consolidated financial statements for the year ended June 30, 2025, were adopted.
• 🤝 KPMG Taseer Hadi & Co. re-appointed as external auditors for the year ending June 30, 2026.
• 💰 Final cash dividend of Rs. 10 per share (100%) approved for the year ended June 30, 2025.
• 📅 AGM held on October 24, 2025, at the Pearl Continental Hotel, Karachi.
• 💻 Meeting also conducted through video-conferencing.
• 📜 Resolutions passed as per clause 5.6.9 (b) of the PSX Rule Book.
• audit Approved annual financial statement for year end June 30, 2025
• Dividend Approved final dividend of Rs. 10 per share for year end June 30, 2025
• Auditor Approved M/s. KPMG Taseer Hadi & Co., Chartered Accountants, as external auditors of the Company for the year ending June 30, 2026.

🎯 Investment Thesis

Given the approval of the dividend payout and re-appointment of auditors, a HOLD recommendation is appropriate. This suggests that investors should maintain their current positions while monitoring the company’s performance and external factors. Based on the provided information, there is not sufficient evidence to warrant a BUY or SELL decision. However, more information on the financials is needed to give a buy or sell rating.