⚡ Flash Summary
Dawood Equities Limited (DEL) has announced its 20th Annual General Meeting (AGM) to be held on October 28, 2025. The meeting will cover confirmation of minutes from the previous AGM, adoption of the annual financial statements for the year ended June 30, 2025, and the appointment of auditors for the year ending June 30, 2026. Shareholders can attend physically or via video-conferencing after registering with the Company Secretariat. The annual report is accessible on the company’s website, and the register of members will be closed from October 22, 2025, to October 28, 2025.
📌 Key Takeaways
- 🗓️ Dawood Equities Limited will hold its 20th Annual General Meeting on October 28, 2025, at 8:45 a.m. in Karachi.
- ✔️ Agenda includes confirming the minutes of the 19th AGM held on October 25, 2024.
- 📊 Shareholders will review and adopt the Annual Financial Statements for the year ended June 30, 2025.
- 🤝 Yousuf Adil, Chartered Accountants, are recommended for reappointment as external auditors.
- 🌐 The Annual Report is available on the company’s website: www.dawoodequities.com.
- 🔒 The Register of Members will be closed from October 22, 2025, to October 28, 2025.
- 🗳️ Members registered as of October 21, 2025, are eligible to attend and vote at the AGM.
- 👤 Shareholders can appoint a proxy to attend, speak, and vote on their behalf.
- 📜 Proxy forms and Power of Attorney must be received 48 hours before the meeting.
- 🏢 Corporate members can authorize a representative via a board resolution or proxy.
- 🆔 Attendees should bring their original CNICs and account details for identification.
- 💻 Video-conferencing facility available; registration required by October 24, 2025, at 5:00 p.m.
- 📧 Registration can be done via email at info@dawoodequities.com.
🎯 Investment Thesis
Without the detailed financial performance metrics, a comprehensive investment thesis is difficult. A HOLD recommendation is given until further financial data is available from the annual report. A reassessment will be needed after reviewing the annual report.
Disclaimer: AI-generated analysis. Not financial advice.