GFIL

⚡ Flash Summary

Ghazi Fabrics International Limited (GFIL) will hold a corporate briefing session on November 14, 2025, to discuss the company’s performance, financials, and future outlook as of June 30, 2025. The session aims to inform investors, analysts, and shareholders through a video conferencing facility. Senior management will provide a briefing during the session. Interested participants need to register and provide their full name and institution (for analysts) or folio number (for members) to connect via the provided Zoom meeting link and credentials.

📌 Key Takeaways

• 🗓️ Corporate briefing session scheduled for November 14, 2025, at 10:30 AM (PST).
• 🏢 The session is for investors, analysts, and shareholders of Ghazi Fabrics International Limited.
• 💻 The briefing will be conducted via video conferencing.
• 🗣️ Senior management will brief attendees on the company’s performance.
• 📊 Financials and future outlook as of June 30, 2025, will be discussed.
• 🔗 Participants must register and provide their full name and institution (analysts) or folio number (members).
• 🌐 Zoom meeting link: https://us05web.zoom.us/j/8281784000?pwd=CCfWY4fbxTbQfbFpUuibl6UORqGFeM.1&omn=82040549663
• 🔑 Meeting ID: 828 178 4000
• 🔐 Passcode: s3fFT8
• 📧 For queries, contact Ahmad Rafi via manager.accounts@ghazifabrics.com or 042-35764032.

🎯 Investment Thesis

HOLD. This announcement is purely informational, indicating a forthcoming briefing session. An informed investment decision requires the data and insights that will be presented during the briefing. A neutral stance is appropriate until more concrete financial and strategic information is available. A more decisive recommendation will be possible after the briefing.

⚡ Flash Summary

Ghazi Fabrics International Limited (GFIL) held its 36th Annual General Meeting on October 28, 2025. The meeting approved the minutes from the previous AGM and EGM, adopted the annual audited financial statements for the year ending June 30, 2025, and re-appointed M/s Qadeer & Co. as auditors for the fiscal year 2025-26. A key resolution was passed to authorize the sale of the company’s old and inefficient spinning unit machinery. Proceeds from this sale will be directed toward repaying the Director’s loan and/or investing in new, more efficient technology, aligning with GFIL’s goals of operational efficiency and sustainability.

📌 Key Takeaways

• ✅ Minutes from the last AGM held on October 26, 2024, and the EGM held on June 4, 2025, were approved.
• 👍 Annual audited financial statements for the year ended June 30, 2025, along with Directors’ and Auditors’ reports, were adopted.
• 👨‍💼 M/s Qadeer & Co., Chartered Accountants, were re-appointed as auditors for the year ending June 30, 2026.
• 🤝 The CEO is authorized to negotiate the remuneration of the auditors.
• 🏢 The Company Secretary is authorized to take necessary actions to implement the above resolutions.
• 🏭 Approval granted for the sale of old plant and machinery of the Spinning Unit due to inefficiency.
• ⚡ The spinning unit was deemed inefficient because of high energy consumption and lower production capacity.
• ✍️ CEO authorized to take all necessary steps to facilitate the sale, including agreements and regulatory compliance.
• 💰 Proceeds from the sale will be used to repay the Director’s loan and/or acquire new technology.
• 🌱 The new technology aims for higher production efficiency and reduced energy consumption.
• 🎯 This aligns with the company’s strategic goals of improving operational efficiency and sustainability.

🎯 Investment Thesis

HOLD. While the decision to sell inefficient assets and invest in new technology is a positive step, there is not enough financial information to make a strong buy or sell recommendation. Monitoring future financial reports for improvements in profitability and efficiency will be essential. A price target cannot be accurately determined without detailed financial analysis. The time horizon is medium term, contingent on successful implementation of the new technology and its impact on financial performance.

⚡ Flash Summary

Ghazi Fabrics International Limited (GFIL) has announced a Board of Directors meeting to be held on October 30, 2025, in Lahore. The purpose of the meeting is to consider and approve the quarterly accounts for the period ended September 30, 2025. The company has also declared a closed period for trading of its shares from October 23, 2025, to October 30, 2025, to comply with PSX regulations. This restricts Directors, CEOs, and Executives from dealing in the company’s shares during this time.

📌 Key Takeaways

• 🗓️ Board meeting scheduled for October 30, 2025, at 11:00 am in Lahore.
• ✅ Agenda: To consider and approve quarterly accounts for the period ended September 30, 2025.
• 🔒 Closed period declared from October 23, 2025, to October 30, 2025.
• 🚫 Restriction on trading: Directors, CEO, and Executives prohibited from trading shares during the closed period.
• 📜 Compliance: Closed period implemented as per PSX Regulations 5.6.1(d).
• 📢 TRE Certificate Holders: To be informed accordingly about the closed period.
• 🏢 Company: Ghazi Fabrics International Limited (GFIL).
• 📍 Location: Meeting to be held in Lahore.
• ✉️ Communication: Notice issued on October 22, 2025.
• 👨‍💼 Ahmad Rafi, Company Secretary, issued the notice.

🎯 Investment Thesis

Based on the limited information available in the announcement (a notification of a board meeting), a HOLD recommendation is appropriate. Further financial data and analysis from the quarterly accounts are needed to make a more informed investment decision. Price target and time horizon cannot be determined without further financial information.

⚡ Flash Summary

Ghazi Fabrics International Limited (GFIL) will hold its Annual General Meeting (AGM) on October 28, 2025, to approve the financial statements for the year ended June 30, 2025. A key item on the agenda is a special resolution to sell the old plant and machinery of its Spinning Unit, citing inefficiency due to high energy consumption and lower production capacity. The proceeds from this sale will be used to repay Director’s loans and/or invest in new, more efficient technology. Shareholders are invited to attend the meeting in person or via video link, and a postal ballot option is also available.

📌 Key Takeaways

• 🗓️ GFIL’s Annual General Meeting (AGM) is scheduled for October 28, 2025.
• 🏢 The AGM will be held at The Noor Jahan Banquet Hall in Lahore.
• ✅ Shareholders will confirm the minutes of the previous AGM held on October 26, 2024.
• 📄 The company will present and seek approval for the audited financial statements for the year ending June 30, 2025.
• 💻 The annual report is accessible via the company’s website and a QR code.
• 🤝 M/s. Qadeer & Co., Chartered Accountants, are proposed for reappointment as auditors for the year ending June 30, 2026.
• 🏭 A special resolution seeks approval to sell the old plant and machinery of the Spinning Unit.
• ⚡ The reason for the sale is the plant’s inefficiency due to high energy consumption.
• 💸 The sale proceeds will be used to repay Director’s loans and/or invest in new technology.
• 🌱 New technology is sought to improve operational efficiency and sustainability.
• 🔒 Share transfer books will be closed from October 21, 2025, to October 28, 2025.
• 🗳️ Members can appoint a proxy to attend and vote on their behalf.
• 📡 Video-link facility is available for members who cannot attend in person; registration is required.
• ✉️ Members can also exercise their right to vote through e-voting/Postal Ballot.

🎯 Investment Thesis

Given the available information, a HOLD rating is appropriate. The sale of inefficient assets and reinvestment into new technology could lead to improved future performance, but there is a lack of financial detail to support a more bullish outlook. Key factors to monitor include the successful sale of the plant, the acquisition of new technology, and its impact on cost efficiency and production capacity. Without more concrete financial data, a price target cannot be established.