Lahore, In compliance with a directive issued by The Lahore High Court - Lahore Case No. CO. No. 56465/2023, the Board of Directors of Nimir Industrial Chemicals Limited convened a meeting on September 25, 2023, at its Head Office in Lahore. During this meeting, the board approved the convening of an Extraordinary General Meeting (EOGM) of its shareholders to seek approval for a scheme of arrangement under special business.

The EOGM is scheduled to take place on Tuesday, November 07, 2023, in Sheikhupura, Pakistan, commencing at 03:00 PM local time.

This significant development is in accordance with legal directives and reflects the company's commitment to conducting its affairs in compliance with the law and in the best interests of its shareholders. The scheme of arrangement under special business will be presented for approval by the shareholders during this EOGM.

Key Details of the Extraordinary General Meeting (EOGM):

Date: Tuesday, November 07, 2023

Venue: Sheikhupura, Pakistan

Time: 03:00 PM

Book Closure: Shareholders are informed that the share transfer books of the company will remain closed from November 01, 2023, to November 07, 2023. During this period, no transfers of shares will be processed.

The EOGM provides an important platform for shareholders to have their voices heard and participate in the decision-making process regarding the scheme of arrangement. It underscores Nimir Industrial Chemicals Limited's commitment to transparency, corporate governance, and adherence to legal directives.

As the company moves forward with the EOGM, shareholders and stakeholders are encouraged to stay informed about the developments and be prepared to participate in this significant event that will shape the company's future. Further details and documents related to the scheme of arrangement will be provided to shareholders in due course.