Karachi, The Fauji Cement Company Limited has announced the rescheduling of its upcoming Board of Directors meeting, originally set for May 31, 2023, to discuss important matters, including the increase in the authorized share capital of the company. The meeting will now take place on May 30, 2023.
The Board of Directors will review and analyze the proposal to increase the authorized share capital of the company. In addition to the discussion on share capital, the board will also address various other matters that require their attention. This includes the potential declaration of any entitlement for the company’s shareholders.
Fauji Cement Company Limited has declared a “Closed Period” from May 31, 2023, until May 30, 2023.