JVDC

⚡ Flash Summary

Javedan Corporation Limited will hold a corporate briefing session on November 14, 2025, to discuss the company’s financial performance. The session will cover the year ended June 30, 2025, and the first quarter ended September 30, 2025. The briefing will be conducted virtually via Zoom, allowing shareholders, investors, and analysts to participate remotely. Interested participants must register by November 13, 2025, and can submit questions and comments in advance.

📌 Key Takeaways

• 🗓️ Corporate Briefing Session (CBS) scheduled for Friday, November 14, 2025, at 2:30 p.m.
• 💻 The CBS will be held virtually via Zoom.
• 🗣️ The briefing aims to update shareholders, investors, and analysts on Javedan’s financial performance.
• 📊 Discussions will cover the financial year ended June 30, 2025, and the first quarter ended September 30, 2025.
• 📧 Interested participants should register by November 13, 2025, by sending their information to dabeerullah.sheikh@jcl.com.pk.
• 📝 Required registration details include name, institution, CNIC number, folio number (if shareholder), contact number, and email address.
• ❓ Participants can send queries and comments to dabeerullah.sheikh@jcl.com.pk.
• 🤝 Participants are encouraged to provide feedback during the meeting or via email.
• 👤 For CBS-related queries, contact Dabeer Ullah Sheikh, Company Secretary, at 0313-3396140.
• 🌐 CBS presentation will be available on PUCARS and the company’s website (www.jcl.com.pk) one day before the session.
• ✉️ TRE Certificate holders of the exchange will be informed accordingly.
• 🏢 Javedan Corporation Limited’s registered office is located at Arif Habib Center, Karachi.

🎯 Investment Thesis

Given the lack of specific financial details, a HOLD recommendation is appropriate. Investors should attend the briefing session or review the presentation to gather sufficient information before making investment decisions. A price target cannot be determined without further financial analysis.

⚡ Flash Summary

Javedan Corporation Limited has announced the credit of a final cash dividend of 12% per preference share, accrued up to June 30, 2025, to shareholders who provided valid IBANs. The dividend was electronically credited on October 27, 2025. Dividend payments for shareholders without valid IBANs have been withheld, complying with the Companies Act, 2017 and related regulations. The company has requested shareholders to update or rectify their IBAN details to ensure timely dividend receipt, providing a link to more information on their website.

📌 Key Takeaways

• ✅ Final cash dividend of 12% per preference share announced.
• 📅 Dividend accrued up to June 30, 2025.
• 🏦 Credited electronically on October 27, 2025, to shareholders with valid IBANs.
• 🚫 Dividend withheld for shareholders without valid IBANs, in compliance with regulatory requirements.
• 📜 Compliance with Section 242 of the Companies Act, 2017, and related regulations.
• 📰 Notices to be published in Pakistan Observer and Roznama Dunya on October 28, 2025.
• 🔗 Shareholders requested to update or rectify IBAN details via CDC Share Registrar Services Limited.
• 🏢 Share registrar located at CDC House, Karachi.
• 🌐 More information available on the company’s website.
• ℹ️ Link provided: https://jcl.com.pk/investors-information/#Electronic-dividend
• 🏦 Shareholders can contact Company’s Share Registrar at the below mentioned address during business hours or Participant/Investor Account services of Central Depository Company of Pakistan Limited or their Stock Broker
• 📝 Provide a legible copy of their respective valid CNIC along with complete bank account details including 24 digit IBAN

🎯 Investment Thesis

HOLD. The announcement of dividend payments is a positive sign but insufficient to warrant a change in investment strategy. Continue monitoring the company’s performance and regulatory compliance.

⚡ Flash Summary

Javedan Corporation Limited has announced the credit of a final cash dividend of 12% per preference share for the period ended June 30, 2025. The dividend has been electronically credited to the bank accounts of preference shareholders who provided their valid 24-digit International Bank Account Numbers (IBANs) on October 27, 2025. Dividend payments have been withheld from shareholders who have not provided valid IBANs, in compliance with the Companies Act, 2017 and related regulations. The company has published notices in the Pakistan Observer and Roznama Dunya to ensure compliance with PSX regulations, and requested shareholders to update their IBAN details with the Share Registrar, CDC Share Registrar Services Limited.

📌 Key Takeaways

• ✅ Javedan Corporation Limited declared a final cash dividend of 12% per preference share.
• 🗓️ Dividend applies to the period ended June 30, 2025.
• 🏦 Dividends were credited electronically on October 27, 2025, to shareholders with valid IBANs.
• 🚫 Dividend payments withheld from shareholders lacking valid IBANs, complying with Companies Act 2017.
• 📰 Notices published in Pakistan Observer and Roznama Dunya on October 28, 2025, for compliance.
• 📝 Shareholders need to update/rectify IBAN details via CDC Share Registrar Services Limited.
• 🏢 Share Registrar located at CDC House, Karachi.
• 🔗 Company’s website provides more details: https://jcl.com.pk/investors-information/#Electronic-dividend.
• 📅 Approved at the 63rd Annual General Meeting of the Company held on October 18, 2025.
• 💳 Shareholders must submit their Computerized National Identity Card (CNICs) and valid International Bank Account Numbers (IBAN).
• 📵 Dividends withheld from those who have not provided valid CNICs.
• 🕒 Shareholders are requested to contact the Company’s Share Registrar during business hours.
• 🏦 Contact Participant/Investor Account services of Central Depository Company of Pakistan Limited or their Stock Broker
• 📑 Provide a legible copy of their respective valid CNIC along with complete bank account details including 24 digit IBAN
• 📄 Fill in the form available on the Company’s website link

🎯 Investment Thesis

Based on the announcement of a 12% dividend for preference shareholders, the recommendation is HOLD. This is because while the dividend provides a steady income stream, there’s no indication of significant growth potential. The company appears to be stable and compliant with regulations, but further analysis of its overall financial health is needed before considering a BUY. The time horizon is MEDIUM_TERM, as the dividend yield could continue in this time.

⚡ Flash Summary

Javedan Corporation Limited announced the credit of the Final Cash Dividend D-6 to its ordinary shareholders. The dividend, amounting to Rs.5/- per ordinary share (50%), was approved at the 63rd Annual General Meeting on October 18, 2025. It was credited on October 30, 2025, directly into the bank accounts of shareholders who provided valid CNICs and IBANs. The company has withheld dividends for shareholders with incomplete or incorrect information, in compliance with regulatory requirements.

📌 Key Takeaways

• 📢 Javedan Corporation Limited credited Final Cash Dividend D-6.
• 💰 Dividend amount: Rs.5/- per ordinary share (50%).
• 📅 Approved at the 63rd AGM on October 18, 2025.
• 🏦 Credited on October 30, 2025, via electronic mode.
• ✅ Shareholders with valid CNICs and IBANs received the dividend.
• 🚫 Dividends withheld for those with incomplete information.
• 📜 Complies with Section 242 of the Companies Act, 2017.
• 📑 Complies with the Companies (Distribution of Dividend) Regulations, 2017.
• 🔗 Shareholders can update details via the company’s website.
• 🏢 Contact Share Registrar at CDC House, Karachi for assistance.
• 🌐 Website link provided for more information and forms.
• ✉️ Share Registrar contact: CDC Share Registrar Services Limited.

🎯 Investment Thesis

HOLD. The dividend announcement is a positive sign but does not warrant a BUY rating without a comprehensive financial analysis. A more in-depth review of financial performance, market positioning, and future growth prospects is required. Currently, the stock offers moderate value, sufficient for maintaining existing positions until greater clarity on future financial results and strategic initiatives is achieved.

⚡ Flash Summary

Javedan Corporation Limited held its 63rd Annual General Meeting on October 18, 2025, where shareholders approved key resolutions. These resolutions included confirming the minutes of the previous AGM, adopting the annual audited financial statements for the year ended June 30, 2025, and approving a final cash dividend of 50% (PKR 5 per ordinary share). The meeting also ratified related-party transactions and appointed auditors for the year ending June 30, 2026. Renewals for investment in associate companies were also approved.

📌 Key Takeaways

• ✅ Minutes of the 62nd Annual General Meeting held on October 26, 2024, were confirmed.
• 📑 Annual audited financial statements (Unconsolidated & Consolidated) for the year ended June 30, 2025, were received, considered, and adopted.
• 💰 A final cash dividend of 50% (PKR 5 per ordinary share) was approved for the year ended June 30, 2025.
• 🏦 Dividend of 12% to preference shareholders accrued up to June 30, 2025, was declared.
• 🧾 Total dividend payout on ordinary shares amounts to PKR 1,904,302,235/-.
• 🧑‍💼 M/s. Reanda Haroon Zakaria Aamir Salman Rizwan & Co. and M/s. Yousuf Adil & Co. were appointed as External Auditors for the year ending June 30, 2026.
• 🤝 Transactions conducted with Related Parties for the year ended June 30, 2025, were ratified.
• ✔️ The Board of Directors is authorized to approve related-party transactions for the financial year ending June 30, 2026.
• 💼 Investments in Associated Companies & Associated Undertakings were addressed under Section 199 of the Companies Act, 2017.
• 🔄 Renewal of loans/advances/guarantees for associated companies was approved, with specific limits for each entity.
• 🏢 Sapphire Bay Islamic Development REIT has a proposed fresh investment of PKR 6,500 million.
• 💡 Renewal requested for Aisha Steel Mills Limited is PKR 500 million in unutilized equity and PKR 1,000 million in sanctioned loan/advance/guarantee.
• 🏢 Renewal requested for Power Cement Limited is PKR 500 million in unutilized equity and PKR 1,000 million in sanctioned loan/advance/guarantee.
• 🏢 Renewal requested for Naya Nazimabad Apartment REIT is PKR 1,000 million in unutilized equity and PKR 4,000 million in sanctioned loan/advance/guarantee.

🎯 Investment Thesis

Based on the provided information, a HOLD recommendation is appropriate. The company is distributing dividends and engaging in strategic investments. However, more information is required for a comprehensive assessment and price target.

⚡ Flash Summary

Javedan Corporation Limited (JVDC) has announced its 85th Board Meeting to be held on October 25, 2025, to review the condensed interim financial statements for the first quarter ended September 30, 2025. The board will also consider the declaration of any entitlement. A closed period for dealing in the company’s shares has been determined from October 18, 2025, to October 27, 2025, during which directors, the CEO, and executives are prohibited from trading the company’s shares. This announcement indicates the upcoming release of the company’s financial performance for the quarter and potential shareholder benefits.

📌 Key Takeaways

• 📅 85th Board Meeting scheduled for Saturday, October 25, 2025.
• 🏢 Meeting to be held at Naya Nazimabad Gymkhana, Karachi.
• ⏱️ Meeting will commence at 12:00 noon.
• 📑 Agenda includes reviewing interim financial statements.
• 📊 Financial statements are for Q1 ended September 30, 2025.
• 🎁 Board to consider declaration of entitlement (if any).
• 🚫 Closed period for share dealing: October 18-27, 2025.
• 🔒 No directors, CEO, or executives can trade shares during closed period.
• 🇵🇰 Announcement in compliance with Pakistan Stock Exchange rules.
• 📍 Registered office: Arif Habib Center, Karachi.
• 🌐 Company website: www.jcl.com.pk

🎯 Investment Thesis

Based on this announcement alone, a HOLD recommendation is appropriate. The actual recommendation depends on the Q1 results. More data is needed for a more concrete recommendation.