⚡ Flash Summary

Panther Tyres Limited (PTL) will hold its 42nd Annual General Meeting (AGM) on October 28, 2025, to confirm minutes, adopt financial statements for the year ended June 30, 2025, and approve a cash dividend. The Board recommends a 20% cash dividend (PKR 2.00 per share). Shareholders can attend physically or via video link, with specific registration requirements. The meeting will also appoint auditors for the year ending June 30, 2026.

📌 Key Takeaways

• 📅 PTL’s 42nd AGM is scheduled for October 28, 2025.
• 🏢 The AGM will be held at Faletti’s Hotel, Lahore.
• 🕒 Meeting will commence at 14:30 hours.
• ✅ AGM agenda includes confirming minutes of the last AGM held on October 28, 2024.
• 🧾 Shareholders will receive, consider, and adopt the audited financial statements for the year ended June 30, 2025.
• 💰 A cash dividend of 20% (PKR 2.00 per share) has been recommended by the Board for the year ended June 30, 2025.
• 👨‍💼 M/s A.F. Ferguson & Co. are recommended for appointment as auditors for the year ending June 30, 2026.
• 🗓️ The Register of Members will be closed from October 22, 2025, to October 28, 2025.
• 🏦 Those whose names appear in the CDS by October 21, 2025, are entitled to the dividend.
• 🗳️ Members can appoint proxies, with forms available on the company’s website.
• 🏢 Companies may authorize an individual to act as their representative.
• 🔒 Proxies must be lodged at least 48 hours before the AGM.
• 📹 Video conference facility is available for shareholders holding at least 10% of paid-up capital, with a 7-day advance demand.
• 💸 Cash dividends will be paid electronically to shareholders’ bank accounts.
• 🧾 Withholding tax rates are 15% for ATL filers and 30% for non-ATL filers.

🎯 Investment Thesis

Based on the announcement, a HOLD recommendation is appropriate. While the dividend is a positive sign, a comprehensive financial analysis is needed to assess PTL’s long-term viability. A comprehensive evaluation is necessary to determine the appropriate investment strategy.