Rawalpindi: Pakistan Oilfields Limited has announced the convening of its 23rd Extra-Ordinary General Meeting (EOGM) on June 22, 2026, at 11:00 a.m. The meeting will take place at the company’s headquarters, located on the 4th Floor of Attock House in Morgah, Rawalpindi. Shareholders who are unable to attend in person will have the option to participate via a video link.

The primary agenda of the EOGM is the election of seven directors, as determined by the Board of Directors, for a new three-year term commencing on June 27, 2026. The current directors, Mr. Laith G. Pharaon, Mr. Wael G. Pharaon, Mr. Shuaib A. Malik, Mr. Sajid Nawaz, Mr. Abdus Sattar, Mr. Shamim Ahmad Khan, and Mr. Agha Sher Shah, are eligible for re-election. The meeting will also address any other business with the permission of the Chairman.

According to information available from the Pakistan Stock Exchange (PSX), the notice of the EOGM has been circulated among the TRE certificate holders of the Exchange. Shareholders interested in contesting the election must express their intention to the company at least fourteen days prior to the meeting, in compliance with the Companies Act, 2017.

Additionally, the company has outlined procedures for shareholders who wish to appoint proxies. Shareholders may appoint proxies to vote on their behalf, with completed forms required to be submitted 48 hours before the meeting. For individual shareholders, identity authentication will require the presentation of original identification documents, while corporate entities must provide a Board resolution or Power of Attorney.

The company’s share transfer books will be closed from June 16, 2026, to June 22, 2026, to facilitate the election process. Transfers received by June 15, 2026, will be considered valid for this meeting. In the event that the number of candidates exceeds the available director positions, a postal ballot or e-voting system will be implemented as per the Companies (Postal Ballot) Regulations, 2018.

Pakistan Oilfields Limited has appointed M/s A.F. Ferguson & Co., Chartered Accountants, as the scrutinizer for the election process. The firm is recognized for its expertise and holds a satisfactory QCR rating from the Institute of Chartered Accountants of Pakistan.

The company also provides the option for video conferencing facilities for shareholders residing in other cities, contingent upon a request from shareholders holding a combined ten percent or more of the shareholding. This request must be submitted seven days before the EOGM to facilitate necessary arrangements.