Fatima Fertilizer Company Announces Extraordinary General Meeting for Shareholders on September 22, 2023

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Karachi, Fatima Fertilizer Company Limited, a prominent player in the fertilizer industry, has made a noteworthy announcement regarding an upcoming event that aims to engage its shareholders. An Extraordinary General Meeting (EOGM) is scheduled to take place on September 22, 2023. The meeting will be held in Lahore and accessible through electronic means, providing a comprehensive and inclusive platform for participation.

During this important meeting, shareholders will come together to deliberate and make decisions on various crucial matters:

Ordinary Business:

1. The minutes of the Annual General Meeting held on April 28, 2023, will be presented for confirmation, allowing shareholders to review and endorse the proceedings of the previous gathering.

2. One of the key agendas includes the election of Directors for a term of three years, effective from September 22, 2023. This election process is guided by Section 159 of the Companies Act, 2017. The Board of Directors has decided to elect 7 (seven) Directors in accordance with Section 159(1) and (2)(a) of the Companies Act, 2017.

The convening of this Extraordinary General Meeting demonstrates Fatima Fertilizer Company’s commitment to engaging its stakeholders and involving them in key decisions that impact the company’s direction and governance. The utilization of electronic means adds a modern dimension to the meeting, making it more accessible to a wider audience and accommodating changing circumstances.

As Fatima Fertilizer Company Limited prepares for the Extraordinary General Meeting, the outcomes of the meeting’s resolutions will have implications for the company’s board composition, governance structure, and strategic decisions. The active participation and decisions made by shareholders during this event are likely to influence the company’s trajectory and corporate governance practices, thereby shaping its future growth and direction.

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