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Karachi, Abdullah Shah Ghazi Sugar Mills Limited has scheduled an Extraordinary General Meeting (EOGM) for the election of seven directors. The meeting will be held at Diamond Banquet, Plot No. C-36, 37 Extension, Gulshan-e-Hadeed, Phase-I, Karachi, on Saturday, 29 June, 2024 at 09:00 a.m. According to information available from the Pakistan Stock Exchange (PSX), the directors will be elected for a three-year term commencing from 30 June, 2024. The names of the retiring directors eligible for re-election include Mr. Muhammad Dawood, Mr. Muhammad Talib, Mr. Muhammad Nawaz, Mr. Muhammad Rasheed Rana, Mr. Atif Butt, Mr. Yasir Iqbal, and Mr. Amjad Abbas.
Shareholders intending to contest the election must submit their nominations by 14 June, 2024. Candidates are required to provide a detailed profile, consent to act as a director, and other necessary documentation as stipulated by regulatory guidelines. The election will categorize directors into female, independent, and non-independent directors, with specific seats allocated for each category.
The Company has also announced the closure of its Share Transfer Books from 24 June, 2024 to 29 June, 2024, to determine the entitlement to attend, speak, and vote at the EOGM. Further details and documents related to the EOGM are available on the company’s website.