Islamabad: Dewan Salman Fibre Limited (DSFL) has issued a notice for an Extraordinary General Meeting (EOGM) scheduled to take place on September 26, 2025, at noon. The meeting aims to address various business matters, beginning with religious recitations.
Among the key items on the agenda is the election of seven directors to the board, following the provisions of Section 159 of the Companies Act, 2017. The directors currently holding seats are Mr. Ishtiaq Ahmad, Mr. Saleem-ul-Haque, Mr. Asghar Iqbal, Mr. Muhammad Wan Ali, Mr. Muhammad Wajid, Syed Farhan Asdaque, and Ms. Momna Gull. These directors will be subject to re-election, and any other business may also be considered with the Chair’s permission.
CDC Account Holders intending to attend the meeting must adhere to guidelines set by the Securities and Exchange Commission of Pakistan, as outlined in Circular 1 dated January 26, 2000. Furthermore, members are urged to update their addresses with the Company’s share registrar promptly.
Members have the option to participate in the meeting via a video conference facility, provided the Company receives consent from members holding at least 10% of the shareholding in a city. If the conditions are met, members will be informed of the venue and details to access the facility. For online participation through Zoom, members must register by sending a request to the Company’s designated email by September 24, 2025.
Additionally, Dewan Salman Fibre Limited encourages shareholders to deposit physical shares into CDC accounts as required by Section 72 of the Companies Act, 2017. This transition to a scripless form is necessary for compliance with the Act, which came into effect on May 30, 2017.
To facilitate voting, the Company will provide e-voting options, with details to be shared via email. The e-voting period is set to commence on September 19, 2025, and conclude on September 25, 2025. Members may also utilize postal ballots in accordance with the Companies (Postal Ballot) Regulations, 2018.
According to information available from the Pakistan Stock Exchange (PSX), Dewan Salman Fibre Limited is part of the designated market category for fiber manufacturing. This announcement marks a pivotal moment for the company as it prepares for upcoming leadership elections and business decisions at the EOGM.