⚡ Flash Summary
Tri-Star Mutual Fund Ltd. held its Annual General Meeting on October 28, 2025, where the audited accounts for the year ended June 30, 2025, along with the Directors’ and Auditors’ Report, were approved. Additionally, M/s. Feroze Sharif Tariq & Co., Chartered Accountants, Karachi, were appointed as the Statutory Auditors of the company. Their remuneration was set at Rs. 225,000/-. The announcement was made to the Pakistan Stock Exchange Ltd. pursuant to clause 5.6.9(b) of the PSX Regulations.
📌 Key Takeaways
- ✅ AGM held on October 28, 2025.
- 💰 Audited Accounts for the year ended June 30, 2025 approved.
- 📜 Directors’ and Auditors’ Report approved.
- 👨💼 M/s. Feroze Sharif Tariq & Co. appointed as Statutory Auditors.
- 🏢 Auditors are based in Karachi.
- 💸 Auditors’ remuneration fixed at Rs. 225,000/-.
- 🇵🇰 Announcement made to Pakistan Stock Exchange Ltd.
- 📑 Compliance with PSX Regulation 5.6.9(b).
- 📅 Fiscal year end confirmation: June 30, 2025.
- 🤝 Continued association with current auditors.
🎯 Investment Thesis
Given the nature of the announcement, a HOLD recommendation is appropriate. The information pertains to standard corporate governance procedures and doesn’t provide a strong case for either buying or selling. Investors should monitor future announcements for more financially relevant information. The absence of significant changes warrants maintaining the current position.
Disclaimer: AI-generated analysis. Not financial advice.