Hub: Bolan Castings Limited has announced the implementation of electronic voting and postal ballot procedures for its upcoming Annual General Meeting (AGM), scheduled for October 28, 2026. This move allows shareholders to exercise their voting rights on special business matters in compliance with the Companies (Postal Ballot) Regulations 2018 and SRO 451(I)/2025.
The company has outlined that shareholders who are unable to utilize the electronic voting facility or postal ballot will still have the opportunity to cast their votes using ballot papers during the AGM. The meeting is set to take place at the company's registered office on Main RCD Highway, Hub Chowki, District Lasbela, Balochistan, at 12:00 p.m.
According to the procedure for electronic voting, detailed instructions will be disseminated via email to shareholders who have registered their valid CNIC numbers, cell numbers, and email addresses with the company as of October 19, 2026. The e-voting lines will be open from October 23, 2026, and will close on October 27, 2026, at 5:00 p.m.
Additionally, postal ballot voting requires shareholders to send a duly filled ballot paper, accompanied by a copy of their Computerized National Identity Card, to the Chairman of the meeting either by post or email by October 27, 2026, during business hours.
The agenda for the special business includes the ratification and approval of the transactions conducted in the normal course of business with a Group company for the fiscal year ending June 30, 2026, as per note 37 of the financial statements. Furthermore, shareholders are expected to authorize the Chief Executive of the company to approve future transactions with Group companies for the year ending June 30, 2027.
According to information available from the Pakistan Stock Exchange (PSX), Bolan Castings Limited is set to facilitate this voting process, ensuring shareholders can participate efficiently and securely.
This initiative by Bolan Castings Limited reflects its commitment to adhering to regulatory requirements while ensuring shareholder engagement in critical company decisions.