⚡ Flash Summary

Yousaf Weaving Mills Limited will hold its 38th Annual General Meeting (AGM) on October 28, 2025, in Lahore. The primary agenda includes confirming minutes from the last EOGM, receiving and adopting audited accounts for the year ending June 30, 2025, and appointing auditors for the year ending June 30, 2026. The share transfer books will be closed from October 21, 2025, to October 28, 2025. The company encourages shareholders to convert physical shares to electronic form and will not distribute gifts at the AGM.

📌 Key Takeaways

• 🗓️ AGM scheduled for October 28, 2025, in Lahore.
• ✅ Agenda includes confirming minutes and adopting FY25 accounts.
• 🧑‍⚖️ Auditors to be appointed for the year ending June 30, 2026.
• 🔒 Share transfer books close from October 21-28, 2025.
• 💻 Encouraging conversion to electronic shares as per Companies Act, 2017.
• 📵 No gifts or giveaways at the AGM, complying with SECP directives.
• 🏢 Meeting location: Registered office in Gulberg III, Lahore.
• 🧾 Financial statements for year ended June 30, 2025, will be on the company’s website.
• 📧 Members can request audited statements via email.
• 🌐 Video-link participation possible for shareholders with 10%+ holding.
• ⚠️ Proxies must be received 48 hours before the meeting.
• 🆔 Original CNIC required for shareholders attending the AGM.
• 🏦 CDC account holders to follow SECP guidelines.
• 📜 Corporate entities need to submit board resolution/power of attorney.

🎯 Investment Thesis

A HOLD recommendation is maintained due to the lack of specific financial information in the AGM notice. Further analysis of the company’s financial performance and market position is required to make a more informed investment decision.