Karachi: 786 Investments Limited has released the Notice of its 35th Annual General Meeting, scheduled for October 21, 2026, at the company's registered office on I.I. Chundrigar Road, Karachi. The meeting will commence at 8:00 AM and is set to address a series of ordinary and special business items.
According to the notice, the agenda includes confirming the minutes of the previous meeting, receiving and adopting the audited financial statements for the fiscal year ended June 30, 2026, and the appointment of auditors for the upcoming year ending June 30, 2027. Additionally, shareholders will consider resolutions pertaining to the transmission of annual reports via QR codes and weblinks, in line with regulatory allowances.
A significant item on the agenda is the proposed increase of the company's authorized capital to PKR 250.00 million. The board recommends this increase under the Companies Act, 2017, necessitating amendments to the company's Memorandum and Articles of Association.
According to information available from the Pakistan Stock Exchange (PSX), the meeting will also offer a video link facility for those unable to attend in person. Shareholders are encouraged to register in advance for this option. The notice outlines procedures for proxy appointments, emphasizing the need for timely submissions to facilitate effective participation.
Shareholders are reminded to provide updated contact and identification details to ensure seamless communication. The company has also reiterated the prohibition of gifts or incentives at or in connection with general meetings, in compliance with relevant regulations.
The meeting will adhere to postal ballot regulations, with e-voting available from October 18 to October 20, 2026. Shareholders have been instructed on the process for casting their votes electronically or via postal ballot.
Overall, the meeting signifies an important opportunity for shareholders to engage with the company's governance and strategic direction, ensuring transparency and compliance with regulatory standards.