Ghani Global Holdings Limited Announces Revised Postal Ballot Paper and E-Voting Details

Lahore, Ghani Global Holdings Limited has issued a notification to the Pakistan Stock Exchange, detailing amendments to its previously released Postal Ballot Paper and the provision of Electronic Voting (E-Voting) for its shareholders. This revision follows an oversight in the initial documentation, with the updated Ballot Paper also being published in newspapers for shareholder awareness.

The company reiterated the procedure for E-Voting and voting through Postal Ballot, which accompanies the notice of its Extraordinary General Meeting (EGM) initially announced on February 2, 2024, and subsequently rescheduled on February 14, 2024. The E-Voting facility will be available to shareholders who have their valid CNIC numbers, cell numbers, and email addresses registered with the company by February 24, 2024. E-Voting will commence on February 28, 2024, at 9:00 AM and conclude on March 1, 2024, at 5:00 PM, allowing members to cast their votes on special business agenda items.

Additionally, the company provided details for voting through Postal Ballot. Shareholders are required to send their duly filled and signed ballot papers, along with a copy of their CNIC, to the Chairman at the company's registered address or via email by March 1, 2024. The ballot paper, available for download on the company's website, facilitates voting for the EGM scheduled for March 2, 2024, at the registered office in Lahore and through video conferencing.

The special resolutions include an increase in the authorized share capital from Rs. 4,000,000,000 to Rs. 4,200,000,000 and the issuance of 20,000,000 Class-B Tracking Shares with specified rights and privileges. Furthermore, the resolutions outline the amendment of the company's Memorandum and Articles of Association to reflect these changes and provide detailed conditions under which these Class-B Tracking Shares will operate, including their dividend policy, voting rights, and procedures for issuance and redemption.

Ghani Global Holdings Limited has taken steps to ensure shareholder participation in these significant corporate actions through convenient voting mechanisms, reflecting its commitment to transparency and shareholder engagement.