Lahore: Pace (Pakistan) Limited has announced the convening of its 34th Annual General Meeting (AGM), set to take place on Tuesday, October 28, 2025, at 11:30 a.m. The meeting will be held at the company’s registered office located at First Capital House, 96-B-1, M.M. Alam Road, Gulberg-III, Lahore. Shareholders are expected to review critical matters, including the confirmation of the minutes from the Extraordinary General Meeting held on September 24, 2025, and the adoption of the audited financial statements for the fiscal year ending June 30, 2025.
The agenda for the AGM also includes the appointment of auditors for the subsequent fiscal year ending June 30, 2026, along with the determination of their remuneration. The company has clearly stated that no gifts will be distributed during the meeting, adhering to the guidelines prescribed by the Securities and Exchange Commission of Pakistan (SECP) for professional conduct in general meetings.
In preparation for the AGM, Pace (Pakistan) Limited has announced that its share transfer books will be closed from October 21 to October 28, 2025. Transfers submitted by the close of business on October 20, 2025, will be processed in due time for the meeting. Additionally, shareholders who wish to attend the meeting can appoint another member as a proxy to vote on their behalf, following the guidelines provided by the company.
The company has also emphasized the importance of converting physical shares into book-entry form, in compliance with Section 72 of the Companies Act, 2017. Shareholders holding physical shares are encouraged to open a sub-account with any broker or an investor account directly with the Central Depository Company (CDC) to facilitate this transition.
Furthermore, shareholders are advised to promptly notify any changes in their registered addresses to the company’s share registrar, Corplink (Pvt.) Limited, especially those holding physical shares. For those whose shares are held in the CDC, such requests should be directed to the broker, participant, or CDC Investor Account Services.
On the financial front, the company has made available its annual report for the year ended June 30, 2025, on its official website for shareholders’ perusal. According to information available from the Pakistan Stock Exchange (PSX), the move comes as part of the company’s ongoing commitment to maintaining transparency and facilitating shareholder engagement.
Lastly, shareholders who have not yet submitted a notarized copy of their valid Computerized National Identity Card (CNIC) are urged to do so immediately to Corplink (Pvt.) Limited, to ensure seamless participation in the meeting. The company has underscored the necessity for shareholders and proxies to present their original CNIC or passport for identity verification when attending the AGM.