Lahore: Nishat Mills Limited has scheduled an Extraordinary General Meeting (EOGM) to be held on Tuesday, December 01, 2026, at 11:30 a.m. The meeting will take place at Emporium Mall, the Nishat Hotel, Trade and Finance Centre Block, Near Expo Centre, Abdul Haq Road, Johar Town, Lahore.

The primary agenda of this EOGM is to deliberate on a special resolution that would authorize the company to make a further equity investment of up to Rs. 250 million in Security General Insurance Company Limited (SGI), an associated company. This investment will be facilitated through the subscription of right shares offered by SGI.

The resolution, if approved, will be valid for four years from the date of member approval. The Chief Executive Officer, Chief Financial Officer, and Company Secretary of Nishat Mills Limited will be empowered to undertake all necessary actions, including the execution of agreements and completion of legal formalities, to implement the resolution.

Furthermore, the resolution allows the company to dispose of part or all of its equity investments made from time to time. The authorized personnel will have the discretion to make decisions regarding the divestment or acceptance of right shares entitlements in the best interest of the company and its members.

According to information available from the Pakistan Stock Exchange (PSX), Nishat Mills Limited is actively pursuing strategic investment opportunities to strengthen its market position and expand its financial portfolio. This proposed investment in SGI is a significant move that could potentially enhance the company’s financial returns and operational synergy.

The designated market category for this announcement is 'Corporate Actions,' as the company seeks to secure shareholder approval for its strategic investment initiatives.