⚡ Flash Summary
Zahidjee Textile Mills Limited has announced its 36th Annual General Meeting (AGM) to be held on Tuesday, October 28, 2025, in Lahore. The AGM’s agenda includes confirming the minutes of the previous meeting, approving the annual audited financial statements for the year ended June 30, 2025, and appointing auditors for the year ending June 30, 2026. Shareholders are encouraged to participate and can avail of video conferencing facilities if they express their intent beforehand. The company has also placed the financial statements on its website for shareholders to review.
📌 Key Takeaways
- 🗓️ The 36th Annual General Meeting (AGM) will be held on October 28, 2025.
- 🏢 The AGM will take place at the company’s office in Lahore.
- ✅ The AGM will confirm minutes from the previous meeting on October 26, 2024.
- 💰 Shareholders will vote to approve the annual audited financial statements for the year ended June 30, 2025.
- 🧾 The company has uploaded financial statements on its website for review.
- 🔗 Financial statements can be accessed via a QR code and a direct link.
- 👨💼 Auditors will be appointed for the year ending June 30, 2026.
- 🤝 Current auditors, RSM Avais Hyder Liaquat Nauman, are eligible for reappointment.
- ℹ️ Other business can be transacted with the chair’s permission.
- 🚫 Share transfer books will be closed from October 19 to October 26, 2025.
- 🎁 Gifts to shareholders are strictly prohibited.
- ✉️ Shareholders must promptly notify address changes to the share registrar.
- 🆔 CNIC copies must be submitted by shareholders.
- 💻 Video conference facility is available for shareholders.
- 🌐 The company website is www.zahidjee.com.pk.
🎯 Investment Thesis
Given the lack of financial information, a HOLD recommendation is appropriate. Investors should await the release of the annual report to form a more informed investment decision. Without further financial details, it’s impossible to set a price target or specific time horizon.
Disclaimer: AI-generated analysis. Not financial advice.