ISLAMABAD: Kot Addu Power Company Limited has announced plans to hold its 15th Extraordinary General Meeting (EGM) on July 13, 2026, at the Serena Hotel in Islamabad. The meeting will also be accessible via video link. According to the notice issued on June 17, 2026, the meeting is scheduled to begin at 10:30 a.m.

The agenda for the EGM includes the confirmation of the minutes from the previous meeting held on March 16, 2026. However, the primary focus will be on two significant resolutions that require shareholder approval.

The first resolution seeks approval for financing facilities and debt obligations up to an aggregate principal amount of USD 47.5 million. The funds are intended for the acquisition of shares in Attock Cement Pakistan Limited. This resolution will be debated as a special business item during the meeting.

According to information available from the Pakistan Stock Exchange (PSX), Kot Addu Power Company Limited is categorized in the designated market category, reflecting its prominence in the energy sector. The resolution authorizes the Chief Executive, the General Manager Finance/CFO, and the Company Secretary to jointly manage and execute agreements and financial documents related to the proposed financing.

Additionally, the EGM will consider a resolution for altering the Articles of Association of the Company. This alteration aims to align the company's internal governance structures with current regulatory requirements. The resolution grants the Chief Executive and the Company Secretary the authority to implement necessary amendments and file the required documentation with the Securities and Exchange Commission of Pakistan.

These resolutions are crucial for Kot Addu Power Company Limited as they navigate financing strategies and corporate governance mechanisms to ensure continued growth and compliance with regulatory standards.