⚡ Flash Summary

Safe Mix Concrete Limited (SMCPL) has announced it will conduct ballot paper voting through postal ballot for the election of directors and special business at its 19th Annual General Meeting (AGM) scheduled for October 28, 2025. Shareholders can vote through postal ballot or electronically, in compliance with PSX regulations and Companies (Postal Ballot) Regulations, 2018. The ballot paper will be available on the company’s website and published in newspapers, ensuring accessibility for all shareholders. This move aims to facilitate shareholder participation while adhering to regulatory requirements.

📌 Key Takeaways

• 🗳️ SMCPL will conduct ballot paper voting via postal ballot for the 19th AGM.
• 📅 The AGM is scheduled for October 28, 2025, at 10:30 a.m. at Naya Nazimabad Gymkhana.
• 🏢 The meeting will also be accessible via video-link (Zoom).
• 📜 Agenda includes election of directors (Agenda No. 4) and special business.
• 🌐 Ballot paper available on the company’s website: www.safemixlimited.com.
• 📰 Published in ‘Pakistan Observer’ (English) and ‘Roznama Dunya’ (Urdu) on October 17, 2025.
• ✉️ Postal ballot in compliance with Companies (Postal Ballot) Regulations, 2018.
• 📧 Dully filled postal ballots should be sent to dabeerullah.sheikh@safemixlimited.com.
• 🏢 Postal ballots to be sent to Registered Office at Plot No.1, Global Industry, Nusrat Bhutto Colony, North Nazimabad, Karachi.
• ⏰ Postal ballots must reach by Monday, October 27, 2025, before 5:30 p.m.
• 👤 Signature on the postal ballot should match CNIC.
• ❌ Incomplete/incorrect ballot papers will be rejected.
• 👤 M/s. Rahman Sarfaraz Rahim Iqbal Rafiq, Chartered Accountants will be the scrutineer
• 👤 The Chairman’s email is dabeerullah.sheikh@jcl.com.pk

🎯 Investment Thesis

Given the absence of financial data and the procedural nature of the announcement, a HOLD recommendation is appropriate. Investors should monitor the AGM outcomes and subsequent company performance to make informed decisions.