ICIBL

⚡ Flash Summary

ICIBL announced: Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Reg. Basic analysis suggests neutral sentiment. Professional review recommended.

📌 Key Takeaways

• ICIBL made announcement: Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Regulations
• Automated analysis: HOLD signal detected
• Signal strength: 5/10
• This is basic analysis – manual review recommended
• Professional CFA analysis unavailable

🎯 Investment Thesis

Basic HOLD indication for ICIBL. Manual verification required.

⚡ Flash Summary

Mrs. Ayesha Shehryar acquired 64,223,125 shares (22.54%) of Invest Capital Investment Bank Limited on October 7, 2025, via a gift from her sister, at a price of Rs. Nil per share. This acquisition increases her total shareholding in the company to 131,447,250 shares, representing 46.14% of the total issued voting shares. The disclosure is made pursuant to Section 109 of the Securities Act, 2015. The transaction does not attract part IX of the Act (except for reporting purposes).

📌 Key Takeaways

• 🗓️ Acquisition Date: October 07, 2025
• 👤 Acquirer: Mrs. Ayesha Shehryar
• 🏦 Target Company: Invest Capital Investment Bank Limited
• приобретать Shares Acquired: 64,223,125 shares
• 📊 Percentage Acquired: 22.54% of the company’s shares
• 💸 Acquisition Price: Rs. Nil per share (gift)
• 🎁 Source of Acquisition: Gift from sister
• 🔢 Previous Holding: 67,224,125 shares
• 📈 Total Holding After Acquisition: 131,447,250 shares
• 比例 Percentage Holding After Acquisition: 46.14% of total issued voting shares
• 📜 Regulatory Compliance: Section 109 of the Securities Act, 2015
• 🚫 Part IX Exemption: Transaction does not attract Part IX of the Act (except reporting)
• 🏠 Acquirer Address: House No. 26-B, Officers Colony, Ghazi Road, Lahore cantt
• 🆔 Acquirer CNIC: 33102-4936337-4
• 📅 Disclosure Date: October 09, 2025

🎯 Investment Thesis

HOLD. The acquisition itself does not fundamentally alter the investment outlook. Monitor subsequent strategic moves by the acquirer. A price target cannot be determined without additional financial information.

⚡ Flash Summary

ICIBL announced: Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Reg. Basic analysis suggests neutral sentiment. Professional review recommended.

📌 Key Takeaways

• ICIBL made announcement: Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Regulations
• Automated analysis: HOLD signal detected
• Signal strength: 5/10
• This is basic analysis – manual review recommended
• Professional CFA analysis unavailable

🎯 Investment Thesis

Basic HOLD indication for ICIBL. Manual verification required.

⚡ Flash Summary

Invest Capital Investment Bank Limited’s 33rd Annual General Meeting (AGM) will be held on October 27, 2025, in Karachi. Shareholders will confirm the minutes of the previous AGM, adopt the audited financial statements for the year ended June 30, 2025, and appoint auditors for the upcoming year. The company has uploaded the financial statements on its website, adhering to regulatory requirements. No gifts will be distributed at the meeting, following SECP directives.

📌 Key Takeaways

• 🗓️ AGM scheduled for Monday, October 27, 2025, at 11:00 a.m. in Karachi.
• 🤝 Shareholders to confirm minutes from the AGM held on October 25, 2024.
• 📊 Audited financial statements for the year ending June 30, 2025, to be adopted.
• 🌐 Financial statements available on the company’s website: www.icibl.com.
• 👨‍💼 M/s Avais Chartered Accountants recommended as external auditors for 2025-26.
• 🚫 No gifts or incentives will be provided to shareholders at the meeting, as per SECP guidelines.
• 🔒 Members’ Register will be closed from October 20-27, 2025.
• ✉️ Members can appoint a proxy to attend and vote on their behalf.
• 📹 Option to attend AGM via video link; registration required by emailing naim.ashraf@icibl.com at least 48 hours before the AGM with specific information.
• 🏢 Video conference facility available if requested by members holding 10% or more shares, residing outside Karachi, 14 days prior to AGM.
• 📄 Proxy documents must be deposited at CorpTec Associates in Lahore at least 48 hours before the meeting.
• 👤 CDC account holders must provide original CNIC or passport for identification.
• 🏦 Encouragement to convert physical shares to book-entry form for secure custody and easy transfer.
• ⚠️ Shareholders to notify any address changes to the Share Registrar immediately.

🎯 Investment Thesis

Recommendation: HOLD. Rationale: This announcement primarily concerns the procedural aspects of the AGM. Without detailed financial results and forward-looking statements, a definitive buy or sell recommendation is not possible. The company is adhering to regulatory requirements. Price Target: Cannot be determined without financial analysis. Time Horizon: Medium Term (until further financial information is released).

⚡ Flash Summary

Invest Capital Investment Bank Limited’s (ICIBL) 2025 annual report reveals a year of modest improvements amidst a challenging global and domestic economic landscape. The bank demonstrated resilience with a slight increase in after-tax profit, driven by a rise in gross revenue and effective risk management. The Chairperson’s review highlights the KSE-100 Index closing at 125,627 points, and management’s dedication to operational efficiency. ICIBL is navigating uncertainties effectively, but the auditor’s emphasis on the ‘going concern’ issue remains a key consideration.

📌 Key Takeaways

• ⬆️ ICIBL reported an after-tax profit of Rs. 126.74 million in 2025, a slight increase from Rs. 124.62 million in 2024.
• 💰 Earnings per share increased marginally from Rs. 0.44 to Rs. 0.45.
• 📈 Gross revenue increased to Rs. 173.85 million in 2025 from Rs. 150.41 million in 2024.
• 📉 Administrative expenses decreased slightly to Rs. 36.49 million from Rs. 37.29 million.
• 🚫 Finance costs were NIL in both 2025 and 2024, reflecting a debt-free position.
• ✅ Proactive monitoring led to a provision reversal of Rs. 5.69 million.
• 📊 The KSE-100 Index closed at 125,627 points at the end of June 2025.
• 🌍 Global growth forecast revised upward to 3.0% by the IMF, offering a cautiously optimistic backdrop.
• 🇵🇰 Pakistan’s economy showed signs of stabilization, supported by fiscal consolidation.
• 💲 Workers’ remittances reached US$ 38 billion, providing vital external financing.
• 🏭 Large Scale Manufacturing Index (LSMI) recorded a marginal contraction of 0.74%.
• 🏦 Federal tax collection grew by 26%, reaching Rs. 11,744 billion.
• 📉 The overall budget deficit decreased by 14% from the previous year.
• 🔒 The Board ensured adequate non-executive and independent director representation.
• 💼 Effective risk management reduced the gross non-performing leases/loans portfolio.

🎯 Investment Thesis

Based on the information, a HOLD recommendation is appropriate. While ICIBL demonstrated slight improvements, uncertainties related to the ‘going concern’ status temper enthusiasm. A stable performance and potential sector growth may provide some opportunity. Further analysis of balance sheet strength, cash flow, and industry comparisons is needed. Do not consider this recommendation investment advice.