Lahore: Maple Leaf Cement Factory Limited has announced an Extraordinary General Meeting (EOGM) slated for October 19, 2026, following an order from the Honourable Lahore High Court. The meeting will focus on the proposed merger of Pioneer Cement Limited with Maple Leaf Cement Factory Limited.

The announcement was made public through a notice sent to the Pakistan Stock Exchange and is set to be advertised in major newspapers including The Jung, Business Recorder, and Dawn. According to information available from the Pakistan Stock Exchange (PSX), the merger proposal forms part of a broader Scheme of Arrangement approved by the Board of Directors on September 2, 2026.

The EOGM will take place at 64-B/1 Gulberg-III, Lahore, and will commence at 4:00 PM. During the meeting, shareholders will consider the merger resolution, which includes the amalgamation of Pioneer Cement Limited's entire undertaking into Maple Leaf Cement Factory Limited. The resolution also authorizes the Chief Executive and Company Secretary of Maple Leaf Cement Factory Limited to take necessary steps for the implementation of the merger scheme.

To facilitate the meeting, the company has announced the closure of its Shares Transfer Books from October 13, 2026, to October 19, 2026. Share transfers received by the close of business on October 12, 2026, will be eligible for attending and voting at the EOGM. Additionally, members unable to attend in person can appoint a proxy to vote on their behalf, provided the proxy is a member and the forms are submitted 48 hours prior to the meeting.

The merger proposal is part of Maple Leaf Cement Factory Limited's strategic efforts to consolidate its position within the cement industry by merging with Pioneer Cement Limited. Shareholders and interested parties can access relevant documents, including the Scheme of Arrangement and financial statements, at the company's registered office or on its website.