⚡ Flash Summary

Sardar Chemical Industries Limited has announced its 36th Annual General Meeting (AGM) to be held on October 27, 2025. Key agenda items include the confirmation of minutes from the previous AGM, the adoption of audited financial statements for the year ended June 30, 2025, and the approval of a final cash dividend of 15% (Rs.1.5/- per share). The company has uploaded its financial statements on its website and will provide video conferencing facilities for shareholders holding 10% or more shares, subject to prior consent. Shareholders are also advised to update their NTN details to ensure correct tax deductions on dividends.

📌 Key Takeaways

• 🗓️ AGM scheduled for October 27, 2025, at 11:00 A.M. at the company’s factory in Swabi, K.P.K.
• ✅ Confirmation of minutes from the 35th AGM held on October 28, 2024.
• 📄 Adoption of audited financial statements for the year ended June 30, 2025, along with Chairman’s and Auditors’ reports.
• 🌐 Financial statements available on the company’s website via a QR code and web link: https://sardarchemicals.com/financial-report/.
• 💰 Final cash dividend of 15% (Rs.1.5/- per share) recommended by the board of directors.
• 👨‍💼 Appointment of Auditors for the year ending June 30, 2026, and fixing their remuneration.
• 🔒 Share transfer books will be closed from October 21, 2025, to October 27, 2025.
• 🆔 Shareholders attending the meeting must present their original CNIC or passport for identification.
• 🤝 Proxies must submit the proxy form with required details and attested CNIC copies.
• 💻 Video conference facility available for shareholders with 10% or more shareholding, subject to prior consent.
• 🧾 Shareholders advised to ensure their names are on the Active Taxpayers List (ATL) for tax deduction purposes.
• 🏦 Members requested to intimate their Bank Account details (IBAN) for dividend payments.
• 📱 Shareholders intending to participate via electronic means should register by October 20, 2025.
• 🔄 Physical shareholders are encouraged to convert shares into book-entry form via CDC sub-account.

🎯 Investment Thesis

Based on the limited information available, a HOLD recommendation is appropriate. The dividend declaration is a positive sign, but a full assessment requires a review of the audited financial statements to evaluate revenue trends, profitability, balance sheet strength, and cash flow generation. A price target cannot be established without detailed financial projections and a thorough valuation analysis. We will revisit it after the release of the financial statement.