⚡ Flash Summary

Treet Battery Limited (TBL) held its Annual General Meeting on October 27, 2025, where key resolutions were passed. These resolutions included the approval of the annual audited financial statements for the year ended June 30, 2025, and the appointment of M/S BDO Ebrahim & Co. as external auditors for the financial year ending June 30, 2026. Additionally, the meeting addressed and ratified related party transactions conducted in the normal course of business. The board was also authorized to approve future related party transactions on a case-to-case basis for the financial year ending June 30, 2026.

📌 Key Takeaways

• 🗓️ AGM held on October 27, 2025.
• ✅ Minutes of the Extra-Ordinary General Meeting held on January 10, 2025, were confirmed.
• 🧾 Annual Audited Financial Statements for the year ended June 30, 2025, were approved.
• 🏢 M/S BDO Ebrahim & Co. appointed as External Auditors for the FY ending June 30, 2026.
• 💰 Remuneration of the auditors to be fixed by management.
• 🤝 Arm’s length related party transactions ratified and approved.
• 📜 Transactions aligned with Section 208 of the Companies Act, 2017.
• 👤 CEO and/or Ms. Zunaira Dar authorized to approve related party transactions for FY ended June 30, 2025.
• ✍️ Authorization includes signing necessary documents.
• 🏢 Board authorized to approve related party transactions for FY ending June 30, 2026.
• ⚖️ Approval to be on a case-to-case basis.
• ✅ Transactions approved by the Board will be deemed approved by shareholders.
• 📢 Transactions to be placed before shareholders in the next AGM for formal ratification.

🎯 Investment Thesis

Based on the provided information, a HOLD recommendation is appropriate. The AGM resolutions reflect standard corporate governance practices. Without detailed financial data, it is impossible to assess the potential for growth or profitability accurately. A neutral stance is warranted until more comprehensive financial information becomes available. No specific price target can be established based solely on this document.