⚡ Flash Summary

Telecard Limited will hold a Corporate Briefing Session (CBS) for the financial year ended June 30, 2025. The session will be conducted online via Zoom on Thursday, November 27, 2025, at 03:00 P.M. Investors and stakeholders are invited to participate. Advance questions can be submitted to tcl.legal@telecard.com.pk, and feedback on the CBS video is encouraged.

📌 Key Takeaways

• 🗓️ Corporate Briefing Session (CBS) for FY ended June 30, 2025.
• 💻 CBS will be held online via Zoom.
• 📅 Date: Thursday, November 27, 2025.
• 🕒 Time: 03:00 P.M.
• 🔗 Zoom Link: https://us06web.zoom.us/j/84542002884?pwd=02eDYUCj7bNrbvtkC4NzmpCr8UtZMm.1
• 🆔 Meeting ID: 845 4200 2884
• 🔑 Passcode: 858039
• 📧 Advance questions to: tcl.legal@telecard.com.pk
• 💬 Feedback on CBS videos is encouraged (comments, likes, dislikes).
• 📧 Contact for queries: Mr. Subhan Ali Bhatti via subhan.ali@telecard.com.pk
• 🤝 Encouraging active participation in the CBS.
• ℹ️ TRE Certificate Holder of the Exchange to be informed accordingly.

🎯 Investment Thesis

HOLD. Await details from the Corporate Briefing Session. A neutral stance is appropriate until financial data is presented and analyzed. Price target and time horizon will depend on future information.

⚡ Flash Summary

TELE announced: Board Meeting. Basic analysis suggests neutral sentiment. Professional review recommended.

📌 Key Takeaways

• TELE made announcement: Board Meeting
• 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 TELE. Manual verification required.

⚡ Flash Summary

TELE announced: Transmission of Annual Report for the Year Ended. Basic analysis suggests neutral sentiment. Professional review recommended.

📌 Key Takeaways

• TELE made announcement: Transmission of Annual Report for the Year Ended
• 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 TELE. Manual verification required.

⚡ Flash Summary

Telecard Limited’s 32nd Annual General Meeting (AGM) held on October 28, 2025, approved the minutes of the previous AGM, the annual audited financial statements for the year ended June 30, 2025, and re-appointed Parker Russell A.J.S. as external auditors for the upcoming year. Shareholders ratified related party transactions from the past year and authorized the Board of Directors to engage in future related party transactions subject to review and approval by the Board Audit Committee and the Board of Directors. These resolutions indicate a continuation of standard corporate governance practices and shareholder oversight.

📌 Key Takeaways

• ✅ Minutes of the Annual General Meeting held on November 27, 2024, were approved.
• 👍 Annual Audited Financial Statements for the year ended June 30, 2025, were approved.
• 👨‍💼 Parker Russell A.J.S. Chartered Accountants re-appointed as external auditors for the term ending at the conclusion of the 33rd AGM.
• 🗓️ The auditor’s term will cover the audit for the financial statements for the year ending June 30, 2026.
• 🤝 Auditor’s fee and out-of-pocket expenses will be mutually agreed upon and reimbursed at actuals.
• 🤝 Related party transactions for the year ended June 30, 2025, were ratified, approved, and confirmed.
• ✅ Board of Directors authorized to enter into arrangements or carry out transactions with related parties.
• ⚖️ Future related party transactions must be deemed fit and/or approved by the Board of Directors.
• 🗓️ Authorization extends to the financial year ending June 30, 2026, or up to the next annual general meeting.
• ⚠️ Some or a majority of the Directors may be interested in these arrangements and transactions.
• 🛡️ The Board Audit Committee and the Board of Directors will review and approve all related party transactions.
• 📜 Review and approval process will follow Sections 207 and/or 208 of the Companies Act, 2017, to the extent applicable.
• 💰 All related party transactions will be as per the quantum approved by the Board of Directors from time to time.
• ✔️ Transactions approved by the Board of Directors are deemed approved by shareholders under Sections 207 and/or 208 of the Companies Act, 2017.
• 📢 These transactions will be presented to shareholders in the next Annual General Meeting for ratification and confirmation, if required.

🎯 Investment Thesis

HOLD. The resolutions passed at the AGM indicate standard corporate governance practices. Without specific financial details, it’s challenging to form a strong buy or sell opinion. Monitoring the company’s financial performance and how related party transactions are managed is crucial. Price target is dependent on financial performance, which is not available in this document. Time horizon is medium-term, pending further financial data.

⚡ Flash Summary

Telecard Limited (TELE) has responded to an inquiry from the Pakistan Stock Exchange (PSX) regarding unusual movement in its share price. In a letter dated October 30, 2025, TELE stated that they are unaware of any undisclosed matters or developments that could have caused the price increase. They affirm their compliance with all legal and regulatory procedures. The PSX had requested this clarification following Section 97 of the Securities Act, 2015, and clause 5.6.3 of PSX Regulations.

📌 Key Takeaways

• ℹ️ PSX inquired about unusual price movement of TELE shares.
• 🗓️ Inquiry references PSX letter PSX/Gen-1932 dated October 29, 2025.
• 🤷 TELE claims no awareness of undisclosed reasons for the price surge.
• 📜 TELE states compliance with legal and regulatory requirements.
• ✅ TELE assures adherence to PUCARS regulations.
• 🛡️ TELE assures cognizance of all legal and regulatory procedures.
• 📢 TELE commits to continued compliance.
• ✍️ Letter signed by Waseem Ahmad, Company Secretary.
• 🏢 PSX’s inquiry is based on Section 97 of Securities Act, 2015.
• 🚦 PSX also references clause 5.6.3 of PSX Regulations.
• 🔍 PSX requires listed companies to promptly disclose reasons for unusual price movements.
• ⚠️ PSX highlights obligation to disseminate material information per PSX Regulation 5.6.1.
• 🌐 TELE has been advised to furnish information through PUCARS.
• ✉️ The response was copied to the Head of Supervision Division at SECP.

🎯 Investment Thesis

Given the lack of financial information and the purely reactive nature of this announcement, a HOLD recommendation is appropriate. There is no information provided to justify a BUY or SELL decision. The announcement suggests regulatory scrutiny, which introduces uncertainty. More information is needed to assess the potential impact on TELE’s financials and valuation. Price Target: N/A Time Horizon: N/A

⚡ Flash Summary

Telecard Limited has announced a board meeting scheduled for October 30, 2025, in Karachi. The purpose of the meeting is to consider the 1st Quarterly Accounts of the company. This announcement was made to inform the Pakistan Stock Exchange Limited and the TREC Certificate Holders of the Exchange. Further details regarding the expected performance or specific items to be discussed in the meeting were not provided in the announcement.

📌 Key Takeaways

• 📅 Telecard Limited’s board meeting is scheduled for October 30, 2025.
• 🏢 The meeting will take place in Karachi.
• 📊 The primary agenda is to review the 1st Quarterly Accounts.
• 📢 The announcement is intended for the Pakistan Stock Exchange.
• 📜 TREC Certificate Holders are also being informed.
• 🕒 The meeting is scheduled for 03:00 p.m.
• 💼 Waseem Ahmad, Company Secretary, signed the announcement.
• 🌐 Telecard Limited’s website is www.telecard.com.pk.
• 📍 The corporate office is located in Karachi’s Clifton area.
• 📞 Contact can be made via UAN: 111-222-123.

🎯 Investment Thesis

Given the limited information, a HOLD recommendation is appropriate. Further evaluation of Telecard’s performance and future prospects should be conducted after the release of the 1st Quarterly Accounts. A clear investment thesis requires more concrete data.

⚡ Flash Summary

TELE announced: Board Meeting is Still in Progress. Basic analysis suggests neutral sentiment. Professional review recommended.

📌 Key Takeaways

• TELE made announcement: Board Meeting is Still in Progress
• 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 TELE. Manual verification required.