Lahore: Pace (Pakistan) Limited has announced that its 35th Annual General Meeting will be held on Wednesday, October 28, 2026, at 11:30 a.m. at the company's registered office located at First Capital House, 96-B-1, M.M. Alam Road, Gulberg-III, Lahore. The meeting will address several key business items, including the confirmation of minutes from the Extraordinary General Meeting held on July 27, 2026.

Shareholders will receive and consider the adoption of audited financial statements for the fiscal year ending June 30, 2026. The meeting will also include the Chairman's Review, Directors' Report, and Auditors' reports. Furthermore, the appointment and remuneration of auditors for the following fiscal year will be discussed.

Among the special business items, Pace (Pakistan) Limited seeks shareholder approval for equity investment in Ever Green Water Valley (Pvt.) Limited, an associated company. The proposed investment amounts to 1.50 billion rupees, as per the provisions of section 199 of the Companies Act, 2017. The Chief Executive or any Director of the company will be authorized to finalize the terms and conditions of this investment, subject to board approval.

Additionally, the company plans to disinvest up to 73,861,873 ordinary shares, equivalent to 15.40%, in Pace Barka Properties Limited. These shares will be offered to First Capital Securities Corporation Limited or other potential market buyers. The Chief Executive and the Company Secretary are tasked with ensuring the completion of necessary corporate and legal formalities.

According to information available from the Pakistan Stock Exchange (PSX), the financial and strategic decisions outlined in the meeting agenda are of significant interest to stakeholders in the designated market category.

It is noteworthy that no gifts will be distributed during the meeting, and shareholders are encouraged to adhere to the meeting etiquette guidelines issued by the Securities and Exchange Commission of Pakistan (SECP).