FoxLogica

⏸️ SHDT: HOLD Signal (5/10) – Certified Copy of Resolution(s) Passed in Annual General Meeting

⚡ Flash Summary

Shadab Textile Mills Limited held its 46th Annual General Meeting on October 28, 2025, where shareholders approved the audited accounts for the year ended June 30, 2025. A final cash dividend of Rs. 1.25 per share (12.50%) was also approved. M/s Fazal Mahmood & Company were re-appointed as auditors for the financial year 2025-2026 at the current level of remuneration. These resolutions signal a continuation of the company’s financial policies and governance.

Signal: HOLD ⏸️
Strength: 5/10
Sentiment: NEUTRAL
Time Horizon: MEDIUM_TERM

📌 Key Takeaways

  • ✅ Audited accounts for the year ended June 30, 2025, were approved.
  • 💰 Final cash dividend of Rs. 1.25 per share, representing 12.50%, was approved for the year ended June 30, 2025.
  • 🤝 M/s Fazal Mahmood & Company re-appointed as auditors for the fiscal year 2025-2026.
  • 📅 The 46th Annual General Meeting took place on October 28, 2025.
  • 🏢 The meeting was held at the registered office in Lahore.
  • 📜 Resolutions were passed in compliance with PSX Regulations.
  • 🏦 Dividend pertains to ordinary shares with a face value of Rs. 10 each.
  • 🕰️ The meeting commenced at 11:30 a.m.
  • 📑 Directors’ and Auditors’ reports were also approved alongside the accounts.
  • 🔒 Auditors’ remuneration remains at the current level for the upcoming fiscal year.

🎯 Investment Thesis

HOLD. The announcement of the dividend and auditor re-appointment is a neutral signal. Further financial information is needed to determine if a BUY or SELL recommendation is appropriate. Without specific revenue, profit, and balance sheet data, we maintain a HOLD position.

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Disclaimer: AI-generated analysis. Not financial advice.

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