Lahore: Ghani Chemical Industries Limited (GCIL) has announced an additional agenda item for its upcoming Extraordinary General Meeting (EGM), set to take place on June 02, 2026. The decision was communicated in a circular resolution by the Board of Directors on May 5, 2026.
The additional agenda item, classified as Agenda Item No. 2, seeks shareholder approval for a “Sponsors Support Agreement” aimed at facilitating financial arrangements for GHG Emissions Mitigation Limited, an associated company of GCIL. The agreement focuses on managing cost overruns, securing base equity, and establishing a debt servicing reserve account as part of the term finance facilities arrangement.
According to information available from the Pakistan Stock Exchange (PSX), the inclusion of this item highlights GCIL’s strategic financial planning efforts. The company has requested that TRE Certificate Holders of the Exchange be informed accordingly.