⚡ Flash Summary

Lalpir Power Limited’s shareholders approved a special resolution in their Extraordinary General Meeting (EOGM) held on November 20, 2025, to buy back up to 100,000,000 ordinary shares, representing 26.33% of the total outstanding shares. The buy-back will be executed through the Pakistan Stock Exchange Limited at a price acceptable to the company, with the period for purchasing the shares starting from November 28, 2025, and ending on May 15, 2026, or until the purchase is complete. The purchased shares will be cancelled in accordance with Section 88 of the Companies Act, 2017, and the Listed Companies (Buy-Back of Shares) Regulations, 2019.

📌 Key Takeaways

• ✅ Shareholders approved buy-back of shares in EOGM on November 20, 2025.
• 💰 Up to 100,000,000 ordinary shares can be bought back.
• 📈 Buy-back represents 26.33% of total outstanding shares.
• 🏦 Buy-back to be executed through Pakistan Stock Exchange Limited.
• 🗓️ Purchase period: November 28, 2025 to May 15, 2026, or until complete.
• 📜 Shares purchased will be cancelled as per Companies Act, 2017.
• 📑 Special resolution approved under Section 88 and related regulations.
• ✍️ Company Secretary authorized to complete buy-back process.
• 🏢 Meeting held at Emporium Mall, Nishat Hotel in Lahore.
• ⚖️ Legal counsel and consultants may be engaged for the process.
• 📢 Notice of EOGM and special resolution prepared and circulated.
• 📅 EOGM held on Thursday, November 20, 2025 at 12:00 P.M.

🎯 Investment Thesis

BUY based on the potential for enhanced shareholder value through the share buy-back program. A price target will be determined after further financial analysis, considering the buy-back’s impact on EPS and other financial metrics. The time horizon is MEDIUM_TERM, anticipating positive effects within 12-18 months.