announcements

⚡ Flash Summary

Security Leasing Corporation Limited held its 32nd Annual General Meeting on October 15, 2025. The meeting approved the minutes of the 31st Annual General Meeting held on October 24, 2024. The audited financial statements for the year ended June 30, 2025, were also approved. M/s UHY Hasan Naeem & Co., Chartered Accountants, were reappointed as the Company’s statutory auditors for the year ending June 30, 2026.

📌 Key Takeaways

• 🗓️ The 32nd Annual General Meeting (AGM) was held on October 15, 2025.
• ✅ Minutes of the 31st AGM held on October 24, 2024, were unanimously approved.
• 💰 Audited financial statements for the year ended June 30, 2025, were unanimously approved.
• 👨‍💼 M/s UHY Hasan Naeem & Co. reappointed as statutory auditors.
• 🤝 Auditor reappointment is for the financial year ending June 30, 2026.
• 💸 Remuneration for the auditors will be fixed by the Board of Directors.
• 🏢 The meeting took place at Lakson Square No. 3, Sarwar Shaheed Road, Karachi.
• 📜 Resolutions were passed as per the agenda.
• 👍 Members unanimously supported the resolutions.
• 📅 The previous AGM (31st) was held on October 24, 2024.
• 📋 Directors’ and Auditors’ Reports were reviewed alongside the financial statements.
• 🔒 Muhammad Farooq, Company Secretary, certified the true copy of the extract.
• 🕒 The meeting commenced at 10:00 a.m.

🎯 Investment Thesis

Based on this announcement, a HOLD recommendation is appropriate. The information relates to routine AGM proceedings and does not provide a basis for altering the investment stance. Without financial performance data, setting a price target or specific time horizon is not feasible.