Lahore: Ghani Global Glass Limited (GGGL) has announced detailed procedures for shareholders to participate in the upcoming Annual General Meeting (AGM) through postal ballot and electronic voting. This initiative is part of the company's commitment to ensuring comprehensive shareholder participation, as outlined in a notice issued on October 17, 2025.
In alignment with the Companies (Postal Ballot) Regulations, 2018, GGGL has provided shareholders with the opportunity to exercise their voting rights through an electronic voting facility (e-voting) and voting by post (Postal Ballot) for specific agenda items numbered 4 to 7. The company's board has entrusted M/s. Digital Custodian Company Limited as the Service Provider and M/s. Nasir Jamil & Co. Chartered Accountants as the Scrutinizer to oversee the process.
According to the outlined procedures, shareholders with valid CNIC numbers, cell numbers, and email addresses in the company's register will receive details of the e-voting facility via email by October 20, 2025. E-voting is scheduled to commence on October 24, 2025, at 9:00 AM and will conclude on October 27, 2025, at 5:00 PM. Shareholders are allowed to cast their votes during this period, with no option to alter their decisions once made.
For those opting for the postal ballot method, completed ballot papers along with a copy of the CNIC must reach the Chairman of the meeting either by post or via email at [email protected] by October 27, 2025, a day prior to the AGM.
The AGM is set for October 28, 2025, at the company's registered office in Lahore and will also be accessible via video conferencing. Shareholders will deliberate on several resolutions, including a proposal to modify and enhance an investment in Ghani Global Holdings Limited from Rs. 200 million to Rs. 300 million. Additionally, the investment in Ghani Chemical Industries Limited is proposed to increase from Rs. 300 million to Rs. 400 million. Another significant resolution is the proposed investment of up to Rs. 200 million in Ghani ChemWorld Limited.
Moreover, a new Employee Stock Option Scheme is proposed to replace the existing one, following the Companies Act, 2017, and the Companies (Further Issue of Shares) Regulations, 2020.
GGGL has urged shareholders to ensure their postal ballots are accurately filled and submitted on time, emphasizing that any discrepancies or late submissions will result in rejection. The postal ballot form is available for download from the company's website.
According to information available from the Pakistan Stock Exchange (PSX), Ghani Global Glass Limited continues to actively engage its shareholders through transparent and regulated communication channels. The company's shares are actively traded, and these measures are expected to support informed decision-making among its investors.
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