Lahore: Mughal Iron & Steel Industries Limited has announced the procedure for voting at its Annual General Meeting (AGM) set for October 28, 2026. The meeting will commence at 11:45 a.m. at Avari Hotel, Shahrah-e-Quaid-e-Azam, Lahore. The company will facilitate its members with both electronic voting and postal ballot options for certain agenda items classified as "Special Businesses."
The AGM will address five primary resolutions, including authorizing a finance facility to Mughal Energy Limited and increasing the company's authorized capital. E-voting services will be provided by M/s. Digital Custodian Company Limited, enabling members to cast their votes online from October 23 to October 27, 2026.
According to information available from the Pakistan Stock Exchange (PSX), Mughal Iron & Steel Industries Limited is engaging its shareholders through a structured voting process, allowing them to participate actively in the decision-making at the AGM. The designated market category remains unaffected by the upcoming meeting and voting procedures.
For those opting for postal ballots, the members must send the completed forms to the company's chairman, with the deadline set for October 27, 2026, at 5:00 p.m. The company emphasizes the importance of accuracy and completeness in ballot submissions to ensure they are counted in the voting process.
The AGM will cover key issues such as approving financial facilities for subsidiaries and authorizing changes to the company's share capital. The resolutions are critical to the company's strategic direction for the coming year.