⚡ Flash Summary

The Pakistan Stock Exchange (PSX) held its 78th Annual General Meeting (AGM) on October 28, 2025, where resolutions were passed, including the adoption of the annual audited financial statements for the year ended June 30, 2025. A final cash dividend of Rs. 1.70 per share (17%) was approved for the financial year ended June 30, 2025. BDO Ebrahim & Co. were appointed as statutory auditors for the financial year ending June 30, 2026, with a remuneration of Rs 5.7 million excluding expenses.

📌 Key Takeaways

• 🗓️ 78th Annual General Meeting held on October 28, 2025.
• ✅ Annual Audited Financial Statements for the year ended June 30, 2025, were adopted.
• 💰 Final cash dividend of Rs. 1.70 per share approved.
• 💸 The approved dividend represents 17% for the financial year ended June 30, 2025.
• 📅 Dividend to be paid to shareholders registered as of October 21, 2025.
• 👨‍💼 BDO Ebrahim & Co. appointed as Statutory Auditors for the year ending June 30, 2026.
• 🏢 Auditors’ remuneration set at Rs 5.7 million, excluding out-of-pocket expenses & levies.
• 📜 Resolutions passed in accordance with PSX Regulations clause 5.6.9(b).
• 💻 AGM held through video-conferencing.
• 📑 Directors’ and Auditors’ Reports for the year ended June 30, 2025, were approved.
• 💼 DR. FAKHARA RIZWAN is the Company Secretary.
• 🤝 Meeting overseen by the Corporate Supervision Department.

🎯 Investment Thesis

Based on the information provided, a HOLD recommendation seems appropriate. The dividend payout is positive, but a deeper dive into the full financial statements is required to assess the company’s overall health and growth prospects. Without that, it’s difficult to justify a BUY or SELL.