Karachi: Shareholders of Gatron (Industries) Limited convened for an Extraordinary General Meeting on June 10, 2026, approving a significant Scheme of Arrangement involving Nova Frontiers Limited, Gatron (Industries) Limited, and Ghani & Tayub (Private) Limited. The meeting, held at the company's premises in HUB, District Lasbela, and accessible via video link, was scheduled for 10:30 PM.

The resolution passed by the board, pending approval by the Honourable High Court of Balochistan at Quetta, marks a pivotal step in the proposed arrangement among the three entities. The meeting's decision reflects a unanimous agreement among shareholders, conditioned upon potential modifications or stipulations as directed by the court.

According to information available from the Pakistan Stock Exchange (PSX), Gatron (Industries) Limited remains a key player in the designated market category. The arrangement's final approval is expected to influence the structure and strategic direction of the involved companies, pending judicial consent.

The meeting underscored Gatron's commitment to operational transparency and stakeholder engagement, setting a precedent for future corporate maneuvers within the industry.