Lahore: Nazir Cotton Mills Limited has announced an Extraordinary General Meeting (EOGM) scheduled for August 27, 2026. The meeting will take place at 11:30 a.m. at the Tricon Corporate Centre in Lahore, according to the company's latest report dated August 3, 2026. Shareholders will also have the option to participate via video-link.

According to the notice, the EOGM will address several significant matters. Foremost among them is the consideration of an ordinary resolution concerning the disposal of the company's land. This resolution, if passed, may involve modifications as outlined in the attached Statement of Material Facts.

Additionally, the meeting will deliberate on a potential shift in the company's primary business activities. This proposed change would necessitate alterations to the object clause within the company's Memorandum of Association, requiring the passage of special resolutions. Participants will discuss whether these changes should be implemented with or without modifications, additions, or deletions.

A key agenda item is the proposed rebranding of the company, which includes a name change from Nazir Cotton Mills Limited to Nazir Ventures Limited. This proposal also requires the approval of special resolutions, with potential modifications as indicated in the annexed Statement of Material Facts.

The developments are part of the company's strategic review process in the designated market category. According to information available from the Pakistan Stock Exchange (PSX), Nazir Cotton Mills Ltd. is actively pursuing these changes to align with its evolving business strategy.