Lahore: Nimir Resins Limited has issued a formal notice for an Extra-Ordinary General Meeting (EOGM) scheduled to take place on December 30, 2025, as disclosed in a statement dated December 8, 2025. This critical meeting is set to be held at 11:00 a.m. at the ICAP Auditorium, West Wood Colony, Tokar Niaz Baig, Lahore, where the election of seven directors will be conducted.
The notice, which will be published in the daily Times (English) and daily Asas (Urdu) on December 9, 2025, in Karachi, Lahore, and Rawalpindi/Islamabad, outlines the agenda for the EOGM. The primary business includes the election of directors in accordance with Section 159 of the Companies Act, 2017, for a term of three years starting December 31, 2025. The current directors whose terms are expiring, namely Mr. Khalid Mumtaz Qazi, Sheikh Amar Hameed, Mr. Khalid Siddiq Tirmizey, Mr. Muhammad Yahya Khan, Mr. Osman Hameed, Mr. Pervaiz Ahmad Khan, and Mrs. Nazia Qureshi, are eligible for re-election.
According to information available from the Pakistan Stock Exchange (PSX), Nimir Resins Limited operates within a designated market category, focusing on the manufacturing and distribution of resin products. The forthcoming elections are a routine part of the company's governance, aiming to ensure the continued representation and oversight of shareholders' interests.
The notice also provides comprehensive guidelines on proxy appointments, attendance protocols, and voting procedures. Members entitled to vote can appoint proxies, who must be fellow members, with all necessary documentation submitted no later than 48 hours before the meeting. For those unable to attend in person, the company offers a video link facility for participation, aligning with the directives of the Securities and Exchange Commission of Pakistan (SECP).
Additionally, the election process allows for postal ballots and e-voting, providing flexibility for shareholders to exercise their voting rights. M/s Abdul Rahman & Co., a member firm of the PwC network, has been appointed as the scrutinizer to ensure transparency and compliance with the Companies (Postal Ballot) Regulations, 2018.
The company's emphasis on due diligence in selecting independent directors underscores its commitment to assessing candidates' competencies, diversity, skills, and experience. This approach is in line with the regulatory requirements under the Companies Act, 2017, ensuring robust corporate governance practices.