⚡ Flash Summary
Zahidjee Textile Mills Limited has announced the 36th Annual General Meeting (AGM) to be held on October 28, 2025, in Lahore. Shareholders will consider and approve the annual audited financial statements for the year ended June 30, 2025. The meeting will also involve the appointment of auditors for the year ending June 30, 2026. Financial statements are available on the company’s website.
Signal: HOLD ⏸️
Strength: 5/10
Sentiment: NEUTRAL
Time Horizon: MEDIUM_TERM
📌 Key Takeaways
- 📅 AGM Date: October 28, 2025, at 3:00 PM.
- 🏢 Location: 131-A, P-Street, Upper Mall, Lahore.
- ✅ Agenda Item: Confirm minutes of the last AGM held on October 25, 2024.
- 🧾 Agenda Item: Approve annual audited financial statements for the year ended June 30, 2025.
- 🌐 Financial statements are available on the company’s website.
- 🧑💼 Agenda Item: Appoint auditors for the year ending June 30, 2026.
- 👨💼 Current Auditor: RSM Avais Hyder Liaquat Nauman.
- 🗓️ Share transfer books closure: October 19-27, 2025.
- 📑 Financial statements have been uploaded on the company’s website.
- 🏦 Physical shares need to be deposited into CDC accounts.
- 🖥️ Shareholders can avail video conference facility.
- 📢 Shareholders holding aggregate 10% or more shares in geographical location can participate in AGM via VC
- ✉️ Shareholders are requested to promptly notify changes in mailing addresses
- 📝 Mandatory submission of valid CNIC copies for dividend eligibility.
🎯 Investment Thesis
Based on the announcement alone, a HOLD recommendation is appropriate. Investors should review the financial statements presented at the AGM to make informed decisions. Price target and time horizon will depend on the company’s financial performance and market conditions.
Disclaimer: AI-generated analysis. Not financial advice.