⏸️ SSOM: HOLD Signal (5/10) – Resolutions passed at Annual General Meeting held on October 28, 2025

📌 Key Takeaways

• ✅ Audited financial statements for the year ended June 30, 2025, were approved and adopted.
• 🤝 M/s Aslam Malik & Co. were re-appointed as auditors for the financial year 2025-2026.
• 💰 A final cash dividend of PKR 5.00 per share (50% of paid-up capital) was approved.
• 💸 Total dividend payout amounts to PKR 28,292,000.
• 🗓️ Dividend will be paid to members registered as of October 28, 2025, after deducting applicable taxes and Zakat.
• 🤝 Related party transactions for the year ended June 30, 2025, were ratified and approved.
• ✅ The Board of Directors is authorized to approve related party transactions for the year ending June 30, 2026.
• 🌐 The company is authorized to circulate its Annual Report via QR code and web link, complying with SECP regulations.
• 👨‍💼 Mr. Shahzad Ali Khan, Nawab Zada Wajahat Ali Khan, and Sikandar Ali Khan are authorized to complete legal formalities.
• 📜 Resolutions were passed in accordance with the Companies Act, 2017 and SECP’s S.R.O 389(1)/2023.

🎯 Investment Thesis

Based on the AGM resolutions, a HOLD recommendation is appropriate. The dividend payout is a positive sign, but a deeper analysis of financial statements is needed to justify a BUY rating. Conversely, a SELL rating would require negative information. A price target cannot be established without comprehensive financial data. The time horizon is MEDIUM_TERM, pending further financial analysis.