⏸️ SHDT: HOLD Signal (5/10) – Notice of Annual General Meeting

📌 Key Takeaways

• 📅 AGM Date: October 28, 2025, at 11:30 a.m. at the company’s registered office.
• ✅ Agenda: Adoption of audited accounts for the year ending June 30, 2025.
• 💰 Dividend: Approval of a final cash dividend of Rs. 1.25 per share, representing 12.50%.
• 👨‍💼 Auditor Appointment: Selection of auditors for the fiscal year 2025-2026 and determination of their compensation.
• 🌐 Online Participation: Shareholders can participate via ZOOM by registering 48 hours prior.
• 🏦 Bank Mandate: Shareholders must provide their IBAN details for electronic dividend payments.
• Tax Compliance: Tax deduction on cash dividend will be 15% for filers and 30% for non-filers.
• 📑 Financial Statements: Audited financial statements are available on the company’s website.
• ⛔ Restrictions: No gifts or incentives will be distributed at the general meeting.
• ⏳ Book Closure: Share transfer books will be closed from October 22, 2025, to October 28, 2025.
• 🏦 Share Transfers: Transfers must be received by October 21, 2025, to be processed for entitlement.
• 🆔 Identification: Shareholders must bring original CNIC or Passport for identification.
• 📧 Email Address: tariq@shadabtextile.com is the contact for AGM ZOOM registration.

🎯 Investment Thesis

Based on the announcement, a HOLD recommendation seems appropriate. The dividend yield is attractive, but further financial analysis is needed to assess the company’s long-term sustainability and growth prospects. A BUY or SELL recommendation would require a more in-depth examination of the company’s financials and a comparison with industry peers.