Karachi, Nishat Power Limited has announced the convening of an Extraordinary General Meeting on August 22, 2023, in Lahore to address crucial matters. The primary agenda of the meeting is to elect seven Directors for the next three-year term, as determined by the Board of Directors, in compliance with Section 159 of the Companies Act, 2017. The election will replace retiring Directors who are eligible for re-election.

In light of the upcoming meeting, the Shares Transfer Books of the company will remain closed from August 9, 2023, to August 22, 2023, inclusive. During this period, shareholders will have the opportunity to attend and cast their votes at the Extraordinary General Meeting. To be considered in time for the meeting, physical transfers and CDS Transaction IDs must reach the Share Registrar, Hameed Majeed Associates (Pvt) Limited, at 7-Bank Square, Lahore, by 1:00 p.m. on August 8, 2023.

This Extraordinary General Meeting is a critical event for Nishat Power Limited, as it will determine the leadership for the upcoming term and shape the company's direction. Shareholders will closely monitor the proceedings as they exercise their voting rights to elect the Directors who will drive the company's growth and strategy in the years ahead.