Lahore: Imperial Limited has announced its 19th Annual General Meeting (AGM) scheduled for Thursday, November 27, 2025, at 09:30 a.m. The meeting will take place at the company’s registered office located at Ismail Aiwan-e-Science Building, 205 Ferozepur Road, Lahore. The gathering will address several key business matters, including the confirmation of last year’s AGM minutes, the adoption of the annual audited financial statements for the fiscal year ending June 30, 2025, and the appointment of auditors for the 2025-2026 financial year.
A significant item on the agenda is the consideration and approval of a proposal to sell the company’s assets located in Karmanwala, Tehsil Phalia, District Mandi Bahauddin. The assets in question include freehold land, buildings, plant and machinery, and other equipment. Shareholders are expected to vote on the proposed resolution that grants consent for the sale and delegates authority to the Board of Directors. The board may further delegate this power to the Chief Executive Officer or another designated person to carry out the necessary actions for the sale.
In accordance with Section 183(3)(a) of the Companies Act, 2017, the resolution aims to authorize the board to negotiate terms, secure the best market price, and execute the sale of the assets. The resolution also provides for the necessary registration and documentation to facilitate the transaction.
The Securities and Exchange Commission of Pakistan (SECP) has instructed that the facility of an online meeting through the Zoom platform will be available for shareholders. This measure is in place to ensure the health and well-being of attendees by avoiding large gatherings. Shareholders who wish to participate online must register their details via email at [email protected] no later than 48 hours before the meeting.
According to information available from the Pakistan Stock Exchange (PSX), the AGM also allows for the exercise of voting rights through electronic voting facilities and postal ballots. E-voting will be accessible from November 21, 2025, at 09:00 a.m. until November 24, 2025, at 5:00 p.m., while postal ballots must reach the company by November 24, 2025, up to 5:00 p.m.
The company’s share transfer books will remain closed from November 21, 2025, to November 27, 2025, for determining the voting rights of shareholders. Physical transfers and CDS Transaction IDs received by the close of business on November 20, 2025, will be considered valid.
Imperial Limited has encouraged shareholders holding physical shares to open a sub-account with any broker or investor account directly with the Central Depository Company (CDC) to convert their shares into a scrip-less form, in compliance with existing stock exchange regulations.
Additionally, shareholders residing at a geographical location with an aggregate holding of 10% or more can request a video conference facility, provided the request is received at least seven days before the AGM date.
The AGM notice and related documents, including the annual financial statements, are available on the company’s website for shareholders to access.