Reschedule of Extraordinary General Meeting of Panther Tyres Limited

Karachi, Panther Tyres Limited informed Pakistan Stock Exchange that the Chief Executive Officer of the Company along with some of the key employees have been diagnosed positive in Covid-19 test. Due to absence of key management, ongoing 4th wave of Covid and current restrictions imposed by the NCOC/ Punjab Government day to day operational activities are being delayed/disrupted. Therefore, it is envisaged that the pre-Annual General Meeting formalities could not be completed within the time frame decided in the annual board meeting held on July 13, 2021.

Panther Tyres Limited is one of the lplayers in the tyres and tubes industry of Pakistan. Apart from its main business, the Company has also ventured into trading business of automobile spare parts and lubricants.