⚡ Flash Summary

The Organic Meat Company Limited (TOMCL) held its 15th Annual General Meeting on October 27, 2025, where key resolutions were passed. Shareholders approved the annual consolidated and unconsolidated audited financial statements for the year ended June 30, 2025. BDO Ebrahim & Co. were re-appointed as external auditors for the financial year 2025-26 with an audit fee of Rs 2.75 million and a consolidation fee of Rs 1 million. A significant resolution involved the capitalization of Rs 178,491,213 from free reserves for issuing 17,849,121 bonus shares, each valued at Rs 10.

📌 Key Takeaways

• ✅ Adoption of the audited financial statements for the year ended June 30, 2025.
• 🤝 Re-appointment of BDO Ebrahim & Co. as external auditors for 2025-26.
• 💰 Audit fee set at Rs 2.75 million for the financial year 2025-26.
• 🏢 Consolidation fee fixed at Rs 1 million until the next AGM.
• 🏦 Capitalization of Rs 178,491,213 from free reserves approved.
• 📈 Issuance of 17,849,121 bonus shares ratified by shareholders.
• 💸 Each bonus share valued at Rs 10.
• ⭐ Bonus shares to rank pari passu with existing shares.
• 📊 Fractional entitlements to be consolidated and sold in the stock market.
• charity.
• 🗓️ AGM held on October 27, 2025.
• 📜 Resolutions passed at the 15th Annual General Meeting.

🎯 Investment Thesis

HOLD. The issuance of bonus shares reflects confidence in the company’s future prospects, but potential dilution of EPS warrants a cautious approach. A ‘HOLD’ recommendation is appropriate pending further assessment of the company’s performance and market response to the bonus issue. A revised price target will be considered after analyzing the impact of the bonus issue on earnings and valuation.