Islamabad: Jahangir Siddiqui & Co. Ltd. (JSCL) has released a notice for an Extraordinary General Meeting (EOGM) scheduled for Friday, November 06, 2026, at Dawood Hall, ICMA Pakistan, Islamabad Campus. The gathering is slated to commence at 11:30 a.m.

The primary agenda for the EOGM, as outlined in the notice, is to address a special business proposal. Shareholders will deliberate on a resolution to authorize a further long-term equity investment of PKR 86,963,390 into EFU Life Assurance Limited, a company associated with JSCL. This proposal is aligned with the provisions of Section 199 of the Companies Act, 2017.

According to information available from the Pakistan Stock Exchange (PSX), this meeting is crucial for JSCL as it considers significant financial engagements that could impact its financial strategy moving forward. JSCL operates within the designated market category of investment companies and is actively involved in the financial and insurance sectors.

The notice highlights that the resolution, if deemed fit, may be passed with or without modification. It also indicates that a Statement of Material Facts accompanies the notice, providing additional details on the proposed equity investment, as required under Section 134(3) of the Companies Act, 2017.