⚡ Flash Summary

Sana Industries Limited has announced procedures for e-voting and voting through ballot paper for the upcoming 40th Annual General Meeting (AGM) scheduled for October 27, 2025. Members can vote on special business agenda items 1 & 2 online from October 23 to October 26, 2025, or by sending a duly filled and signed ballot paper to the Chairman by October 25, 2025. Digital Custodian Company Limited has been appointed as the E-voting service provider. The company is providing alternate options for voting to facilitate shareholders.

📌 Key Takeaways

• 🗓️ The 40th Annual General Meeting (AGM) is scheduled for October 27, 2025, at 4:00 p.m.
• 🏢 The AGM will be held at the Head Office located at 33-D-2, Block 6, P.E.C.H.S., Karachi.
• ✉️ Members can vote through e-voting or by post (ballot paper) for special business.
• 💻 M/s. Digital Custodian Company Limited is the appointed E-voting service provider.
• 📧 Web address, login details, and security codes for e-voting will be communicated via email/SMS.
• 🔒 Identity authentication is required for e-voting through electronic signature.
• 🗳️ E-voting is open from October 23, 2025 (09:00 a.m.) to October 26, 2025 (05:00 p.m.).
• 📄 Duly filled and signed ballot papers must be sent to the Chairman, Mr. Ibrahim Younus.
• 📍 The address for sending ballot papers is Sana Industries Limited at 33-D-2, Block 6, P.E.C.H.S., Karachi.
• ✉️ A scanned copy of the original ballot paper can be emailed to chairman@sana-industries.com.
• 🆔 A copy of CNIC/Passport must be enclosed with the ballot paper.
• ⏳ Ballot papers must reach the Chairman by October 25, 2025, during working hours.
• 🖋️ Signature on the ballot paper must match the signature on CNIC/Passport.
• ❌ Incomplete, unsigned, or defaced ballot papers will be rejected.
• 🌐 The ballot paper is available on the company’s website: www.sana-industries.com.

🎯 Investment Thesis

Given the absence of financial data and analysis in this announcement, a BUY/SELL/HOLD recommendation cannot be determined. The announcement pertains to voting procedures only and does not provide insight into the company’s financial health or future prospects.

⚡ Flash Summary

Sana Industries Limited will hold its 40th Annual General Meeting on October 27, 2025, to discuss and approve the audited financial statements for the year ended June 30, 2025. Shareholders will vote on the appointment of auditors for the year ending June 30, 2026. A key focus will be the ratification and approval of related party transactions carried out during the year and authorizing the board to approve future transactions with related parties. The company has announced the closure of share transfer books from October 20, 2025, to October 27, 2025.

📌 Key Takeaways

• 🗓️ AGM scheduled for October 27, 2025, at 4:00 P.M. at the Company’s Office.
• ✅ To approve audited financial statements for the year ended June 30, 2025.
• 👨‍💼 To appoint Auditors for the year ending June 30, 2026; current auditors M/s. Rahman Sarfaraz Rahim Iqbal Rafiq are eligible for reappointment.
• 🤝 To ratify related party transactions under Section 208 of the Companies Act, 2017 for FY 2025.
• 🏦 To authorize the Board to approve related party transactions on a case-to-case basis for the financial year ending June 30, 2026.
• 📑 Share transfer books will be closed from October 20, 2025, to October 27, 2025.
• 🆔 Shareholders must bring their original CNIC or Passport for identification at the meeting.
• ✉️ Members can appoint a proxy to attend and vote on their behalf, with proxies to be received 48 hours before the meeting.
• 🧾 Members are requested to update their address and Zakat declaration with the Share Registrar.
• ⚠️ Non-compliance with CNIC/NTN submission may lead to withholding of dividend as per law.
• 💸 Cash dividends will be paid electronically to the bank accounts designated by the shareholders.
• taxes on dividends are subject to withholding tax, depending on ‘Active’ or ‘Non-Active’ status on the FBR list (15% or 30% respectively).
• 🌐 Members can participate in the AGM through a video link facility by registering with their particulars via email.
• 🗳️ Shareholders can exercise their right to vote through postal ballot as per the Companies (Postal Ballot) Regulations, 2018.

🎯 Investment Thesis

Based on the limited information available in this announcement, a HOLD recommendation is appropriate. The AGM notice mainly outlines procedural matters and the intention to ratify related party transactions. A more informed decision requires a comprehensive review of the company’s financial performance, which would be available in the annual report. Until then, HOLD.