Karachi, Sui Northern Gas Pipelines Limited (SNGPL) has announced the cancellation of its previously scheduled Extraordinary General Meeting (EGM) that was set to take place on September 11, 2023, in Lahore. The decision was made during an emergent meeting of the Board of Directors on September 7, 2023, following advice from the Ministry of Energy (Petroleum Division), as conveyed in a letter dated the same day.

The cancellation of the EGM also results in the withdrawal of the book closure period, which was initially announced to be in effect from September 05, 2023, to September 11, 2023, both days inclusive.

In light of these developments, SNGPL has issued a new notice for the EGM, which is now scheduled to be held on Saturday, September 30, 2023, in Lahore. Additionally, shareholders will have the option to participate in the meeting through a Video Conference facility.

The agenda for the rescheduled EGM will include:

1. Confirmation of the minutes of the 58th Annual General Meeting held on August 01, 2023.

2. Election of twelve (12) Directors of the Company, as determined by the Board of Directors in accordance with the provisions of Section 159 (1) of the Companies Act, 2017, for a term of three (3) years. The retiring Directors eligible for re-election are as follows:

Mr. Muhammad Ismail Qureshi

Mr. Arif Saeed

Ms. Faaria Rehman Salahuddin

Mr. Saadat Ali Khan

Mr. Ahmad Atteeq Anwer

Mr. Manzoor Ahmed

Mr. Ahmad Aqeel

Mr. Abrar Ahmed Mirza

Mr. Ali Tahir

Mr. Muhammad Sualeh Ahmed Faruqui

Mr. Shahbaz Tahir Nadeem

3. Any other business as permitted by the Chair.

The share transfer books of the Company will remain closed from September 25, 2023, to September 30, 2023, both days inclusive, in preparation for the rescheduled EGM.

Shareholders and stakeholders are urged to take note of these changes and to submit/file fresh consents, nominations, and proxies in accordance with the new notice for the election of directors of Sui Northern Gas Pipelines Limited. The company remains committed to transparency and compliance with all regulatory requirements.