Karachi, In an Extra Ordinary General Meeting (EOGM) held on Monday, July 10, 2023, shareholders of Ghani Global Holdings Limited unanimously passed special resolutions, authorizing the issuance of additional cross corporate guarantees to support the financing facility of its subsidiary company, Ghani Chemical Industries Limited. The approved resolution allows Ghani Global Holdings to issue guarantees of up to Rs. 1,190 million to the bank.

Additionally, the Chief Executive and the Company Secretary of Ghani Global Holdings Limited have been granted the authority to take all necessary actions to implement and enforce the approved resolution, ensuring compliance with corporate and legal formalities.