CEPB

⚡ Flash Summary

On November 6, 2025, Century Paper & Board Mills Limited disclosed the interest of a relevant person, Mr. Iqbal Ali Lakhani (Non-Executive Director), holding company shares under PSX Regulation 5.6.4. Mr. Lakhani purchased 400,000 shares on March 11, 2025, at a rate of Rs. 28.62 per share and 750,000 shares on April 11, 2025, at a rate of Rs. 29.57 per share. The cumulative percentage of shares held by Mr. Lakhani after these transactions is 0.885%. These transactions indicate potential insider confidence in the company’s prospects.

📌 Key Takeaways

• 📄 Disclosure pertains to the interest of a Non-Executive Director, Mr. Iqbal Ali Lakhani.
• 🗓️ The disclosure date is November 6, 2025.
• 🇵🇰 The company is Century Paper & Board Mills Limited, a Pakistani entity.
• 📜 The disclosure is made under PSX Regulation 5.6.4.
• 🛒 Mr. Lakhani purchased 400,000 shares on March 11, 2025.
• 📈 The purchase price on March 11, 2025, was Rs. 28.62 per share.
• 📊 The cumulative shareholding percentage after the March 11 transaction is 0.698%.
• 🛒 Mr. Lakhani purchased 750,000 shares on April 11, 2025.
• 📈 The purchase price on April 11, 2025, was Rs. 29.57 per share.
• 📊 The cumulative shareholding percentage after the April 11 transaction is 0.885%.
• 🏢 Both transactions occurred in the ‘Ready’ market.
• ✅ All shares are held in CDC form (Central Depository Company).
• ✍️ The announcement was signed by Mansoor Ahmed, Company Secretary.

🎯 Investment Thesis

Based solely on the provided disclosure, a HOLD recommendation is appropriate. The director’s share purchases suggest a positive sentiment, but there is insufficient information to form a comprehensive investment thesis. A BUY or SELL recommendation cannot be justified without analyzing the company’s financials, industry dynamics, and overall market conditions. More information needed before action.

⚡ Flash Summary

Century Paper & Board Mills Limited has announced a board meeting to be held on October 24, 2025, to consider the unaudited financial statements for the quarter ended September 30, 2025. The company has also declared a “Closed Period” from October 17, 2025, to October 24, 2025, during which directors, the CEO, and executives are prohibited from dealing in the company’s shares, as per PSX regulations. This announcement ensures compliance with regulatory requirements and informs stakeholders about the upcoming financial review. TRE Certificate Holders are to be informed of the Closed Period.

📌 Key Takeaways

• 📅 Board meeting scheduled for October 24, 2025, at 06:00 p.m.
• 🏢 Meeting will be held at the Registered Office in Lakson Square, Karachi.
• 📜 Purpose of the meeting: to consider unaudited financial statements.
• 📊 Financial statements under review are for the quarter ended September 30, 2025.
• 🔒 “Closed Period” declared from October 17, 2025, to October 24, 2025.
• 🚫 Directors, CEO, and executives are restricted from trading shares during this period.
• ⚖️ Restriction is in accordance with Clause 5.6.4 of PSX Regulations.
• 📢 TRE Certificate Holders of the Exchange are to be informed.
• ✉️ Announcement was made on October 17, 2025.
• 🏢 Century Paper & Board Mills Limited is the reporting entity.
• 👤 Mansoor Ahmed, Company Secretary, signed the announcement.

🎯 Investment Thesis

Given the lack of financial information in the announcement, a definitive BUY/SELL/HOLD recommendation cannot be made. The announcement primarily serves as an informational update on corporate governance matters. A HOLD recommendation is appropriate until the financial statements for the quarter ended September 30, 2025, are reviewed and analyzed. Price target: N/A. Time horizon: N/A.

⚡ Flash Summary

Century Paper & Board Mills Limited will hold its 42nd Annual General Meeting (AGM) on October 28, 2025. The meeting will address the adoption of audited financial statements for the year ended June 30, 2025, appointment of auditors, and ratification/approval of transactions with associated companies/related parties. Shareholders can attend physically at the ICAP Auditorium in Karachi or virtually via video link. The company has uploaded the financial statements on its website and will also provide hard copies upon request. Share transfer books will be closed from October 21, 2025, to October 28, 2025.

📌 Key Takeaways

• 🗓️ AGM Date: October 28, 2025, at 03:00 p.m. at ICAP Auditorium, Karachi.
• 🏢 Venue: ICAP Auditorium, Chartered Accountants Avenue, Block 8, Clifton, Karachi.
• 💻 Virtual Option: AGM can be attended electronically through a video link facility.
• ✅ Agenda Item 1: Adoption of audited financial statements for the year ended June 30, 2025.
• 📄 Financial Statements: Available on the company’s website.
• 🔗 Website Link: https://centurypaper.com.pk/annual/2025.pdf.
• 👨‍💼 Agenda Item 2: Appointment of Auditors and fixing their remuneration.
• 🤝 Agenda Item 3a: Ratification of transactions with associated companies/related parties.
• ✔️ Special Resolution: Approval needed for transactions disclosed in Note No. 46.
• 👨‍💼 Agenda Item 3b: Authorization of CEO for transactions with associated companies during the year ending June 30, 2026.
• 🚫 Share Transfer Closure: October 21, 2025 to October 28, 2025.
• 🆔 CDC Members: Must bring participant’s ID, CDC account number, and original CNIC.
• 📱 Zoom Participation: Register with the Company Secretary’s office 24 hours before the AGM.
• ✉️ Contact for Zoom Registration: comsec@centurypaper.com.pk or Mobile/WhatsApp: 0315 5008228.
• 🎁 No Gifts: The company confirms that no gifts will be distributed at the AGM, in compliance with SECP directives.

🎯 Investment Thesis

Based solely on the AGM notice, a HOLD recommendation is appropriate. The announcement is procedural and lacks substantive information to warrant a change in investment stance. Access to the company’s financial statements and further analysis would be required for a more informed recommendation.