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Karachi, TPL Insurance Limited has announced an Extraordinary General Meeting (EOGM) to be held on June 27, 2023, at 11 a.m. The meeting will take place in Karachi and will also include a video link facility for remote participation. The purpose of the meeting is to address important matters pertaining to the company’s future.
The EOGM agenda includes the approval of the minutes of the Annual General Meeting held on April 27, 2023. Shareholders will have the opportunity to pass a resolution confirming the approval of the minutes.
Furthermore, the EOGM will deliberate on a resolution proposed by the High Court of Sindh at Karachi regarding the amalgamation of the Pakistan Branch of New Hampshire Insurance Company with TPL Insurance Limited. The resolution, subject to requisite majority approval, will encompass all ancillary matters related to the merger, in accordance with the Scheme of Arrangement dated May 29, 2023, previously approved by the company’s Board of Directors.
To facilitate remote participation in the EOGM, shareholders are requested to register themselves by providing the necessary information via email to company.secretary@tplholdings.com at least forty-eight (48) hours before the meeting. Upon registration and verification, shareholders will receive a video link to access the EOGM proceedings.
Additionally, TPL Insurance Limited has announced the closure of its Share Transfer Book from June 21, 2023, to June 27, 2023, inclusive. During this period, share transfers will not be processed.