Thatta Cement Company Limited Issues Addendum for Annual General Meeting

Karachi: Thatta Cement Company Limited has issued an addendum to its earlier notice dated November 6, 2026, regarding the Annual General Meeting of its shareholders. The addendum, dated November 13, 2026, serves to clarify a key point in the original notice concerning the company's investment strategy.

The clarification pertains specifically to point number five of the initial notice. It outlines an amendment that introduces the option of equity investment, in the form of shares, in addition to the previously stated loan or advance, to its associated company, Thatta Automotive (Private) Limited. The total proposed investment in Thatta Automotive (Private) Limited remains unchanged at PKR 500 million.

The revised clause states: "FURTHER RESOLVED that the consent and approval be and is hereby accorded under section 199 of the Companies Act, 2017 to provide loan/advance up to maximum PKR 499 Million and equity (investment in form of shares) up to maximum PKR 1 Million to Thatta Automotive (Private) Limited, an associated company, to honor/meet its financial obligations and working capital requirements, subject to the terms and conditions mentioned in the annexed statement under section 134(3) of the Companies Act 2017."

All other terms, conditions, and details outlined in the original notice will remain unchanged and continue to be fully applicable.

According to information available from the Pakistan Stock Exchange (PSX), Thatta Cement Company Limited operates within the cement manufacturing sector. The company is expected to adhere to the updated clauses during its upcoming Annual General Meeting, ensuring compliance with the statutory requirements as per the Companies Act, 2017.