Faisalabad: Pakistan Aluminium Beverage Cans Limited has announced the convening of an Extraordinary General Meeting (EOGM) scheduled for January 8, 2026, with the primary agenda of relocating its registered office from Faisalabad to Islamabad. The meeting will be held at the Best Western Hotel Faisalabad City and via video conferencing, facilitating broader shareholder participation.
The decision to move the registered office to the Islamabad Capital Territory stems from the company’s need to enhance administrative efficiency and streamline interactions with regulatory authorities. According to the company’s board of directors, the shift is aimed at reducing the time and costs associated with regulatory and governance matters currently managed from Faisalabad. The relocation will also facilitate improved coordination with federal authorities, including the Securities and Exchange Commission of Pakistan (SECP) and the Federal Board of Revenue (FBR), which are headquartered in Islamabad.
The shareholders will vote on a special resolution to amend Clause II of the company’s Memorandum of Association, enabling the change in the registered office location. The board has confirmed that the proposed amendments are compliant with all applicable laws and regulatory frameworks. None of the directors or executives have a personal interest in this proposed change, except in their professional capacities.
The notice for the EOGM was published in Daily Pakistan Observer and Daily Pakistan on December 18, 2025. The share transfer books of the company will remain closed from December 27, 2025, to January 8, 2026, inclusive of both dates. The company has advised shareholders to ensure that any transfers are completed by the close of business on December 26, 2025, to be eligible for participation in the meeting.
According to information available from the Pakistan Stock Exchange (PSX), the meeting will also address ordinary business matters, including the confirmation of minutes from previous general meetings held in April and May 2025. Shareholders have been encouraged to participate in the meeting through video link if unable to attend in person, with necessary arrangements and instructions detailed in the notice.
The company has highlighted the importance of submitting valid identification documents, such as Computerized National Identity Cards (CNICs), to ensure seamless shareholder verification and participation in the meeting. Additionally, the company will provide an e-voting facility, allowing shareholders to cast their votes electronically between January 1 and January 7, 2026.
This strategic move aligns with the company’s effort to foster better interaction with key stakeholders and shareholders who are either based in or frequently visit Islamabad. The board believes that this will ultimately contribute to more effective governance and operational oversight.