announcements

⚡ Flash Summary

Mitchell’s Fruit Farms Limited has announced an Extraordinary General Meeting (EOGM) to be held on December 8, 2025, for the purpose of Director’s Elections. The company has disseminated the notice via PUCARS and has uploaded the proxy form for shareholders’ facilitation. To be valid, proxy forms must be submitted to the registrar’s office no later than 48 hours before the meeting, duly signed, stamped, and witnessed. The share transfer books will be closed from December 1 to December 8, 2025.

📌 Key Takeaways

• 📅 EOGM scheduled for December 8, 2025, at 11:00 am PST in Lahore.
• 🗳️ The primary agenda is to hold Director’s Elections for the next term.
• 📄 Proxy form uploaded on PUCARS for shareholder facilitation.
• 📧 Proxy forms must be received at anum.ali@mitchells.com.pk or the registrar’s office.
• ⏳ Submission deadline: 48 hours before the meeting day.
• ✍️ Proxy forms need to be duly signed, stamped, and witnessed by two individuals.
• 🆔 Witness details required: names, addresses, CNICs, and signatures.
• 🚫 Share transfer books will be closed from December 1 to December 8, 2025.
• 🏢 Proxy submission location: 72 F.C.C. Gulberg IV, Lahore.
• 💸 Revenue stamp of RS.50/- required on the proxy form.
• 🆔 Proxy holder must produce original CNIC at the meeting.
• 🏢 Corporate entities must submit Board of Directors’ resolution/Power of Attorney.
• 📑 Attested CNIC copies of appointer and proxy holder are required.

🎯 Investment Thesis

Given the neutral nature of the announcement, a HOLD recommendation is appropriate. The notification primarily addresses procedural aspects of the upcoming EOGM and provides no new information to alter the existing investment thesis. Price target remains unchanged, with a medium-term horizon.

⚡ Flash Summary

Mitchell’s Fruit Farms Limited has announced details regarding the Extraordinary General Meeting (EOGM) scheduled for December 8th, 2025, to hold Director’s Elections. The company has posted the notice on the Pakistan Stock Exchange (PSX) via PUCARS and has disseminated it to shareholders on November 17th, 2025. Proxy forms are being uploaded on PUCARS to facilitate shareholder participation. To be effective, proxy forms must be received at the company’s designated email or registrar’s office no later than 48 hours before the meeting, duly signed, stamped, and witnessed.

📌 Key Takeaways

• 🗓️ EOGM scheduled for December 8th, 2025, to hold Director’s Elections.
• 📢 Notice posted on PSX via PUCARS and disseminated to shareholders on November 17th, 2025.
• 📝 Proxy forms being uploaded on PUCARS for shareholder facilitation.
• 📧 Proxy forms must be received at anum.ali@mitchells.com.pk or registrar’s office.
• ⏳ Deadline for proxy form submission: 48 hours before the meeting.
• ✍️ Proxy forms must be duly signed, stamped, and witnessed by two persons.
• 🔒 Share transfer books closed from December 1st, 2025, to December 8th, 2025 (inclusive).
• 🏢 Registered Head Office of the company is at 72 F.C.C. Gulberg IV, Lahore.
• 👤 Proxy form requires names, addresses, and CNIC/Passport numbers of witnesses.
• 📄 Attested copies of CNIC/Passport(s) of the appointer and proxy-holder needed.
• 🆔 Proxy-holder must produce original CNIC at the time of the meeting.
• 🏢 For corporate entities, Board of Directors’ resolution/Power of Attorney with specimen signature required.
• ⚠️ Revenue stamp of RS.50/- must be affixed on the proxy form.

🎯 Investment Thesis

Based solely on the announcement of the EOGM and proxy submission details, a HOLD recommendation is maintained. The announcement does not contain any new financial information that would warrant a change in investment strategy. The focus remains on monitoring future financial reports and strategic decisions from the company. A price target and time horizon cannot be determined based on this announcement alone.