⚡ Flash Summary

Shezan International Limited will hold its 62nd Annual General Meeting on October 28, 2025, to confirm minutes, adopt financial statements for the year ended June 30, 2025, and approve a cash dividend of Rs.7 per share (70%). The meeting will also appoint external auditors for the financial year 2025-26 and fix their remuneration. Special resolutions include ratifying related party transactions and approving potential future transactions with related parties. Shareholders can participate virtually via Zoom, with registration required in advance, and the share transfer books will be closed from October 21 to October 28, 2025.

📌 Key Takeaways

• 🗓️ AGM Date: October 28, 2025, at 11:00 am at the company’s registered office and virtually.
• ✅ Agenda: Confirm minutes of the previous AGM held on October 26, 2024.
• 🧾 Financials: Adoption of audited financial statements for the year ended June 30, 2025.
• 💰 Dividend: Approval of cash dividend @ Rs.7/- per share (70%) for the year ended June 30, 2025.
• 👨‍💼 Auditors: Appointment of external auditors for the financial year ending 2025-26.
• 🤝 Related Parties: Ratification of related party transactions disclosed in the financial statements for the year ended June 30, 2025.
• 💼 Future Transactions: Approval for potential transactions with related parties intended for the financial year 2025-26.
• 📜 Alteration of Articles: Consideration of resolutions for alteration in the Articles of Association of the Company.
• 💸 Remuneration Increase: Increase in remuneration for non-executive Directors to Rs. 75,000/- per meeting.
• 💻 Virtual Participation: Shareholders can participate via Zoom; registration required at meetings@shezan.com.
• 🔒 Book Closure: Share transfer books will be closed from October 21, 2025, to October 28, 2025.
• 🏦 Bank Details: Shareholders must provide bank details to receive dividends electronically.
• 🎁 No Gifts: The company will not distribute any gifts at the AGM.

🎯 Investment Thesis

HOLD. Given the limited information, a HOLD recommendation is appropriate. The company is paying consistent dividends. More information about the future earning is needed. A BUY recommendation is only given if the earning will grow in the coming year.