Karachi: Safe Mix Concrete Limited has announced the details for its 19th Annual General Meeting (AGM), scheduled for October 28, 2025. The meeting will take place at 10:30 a.m. at the Naya Nazimabad Gymkhana, located on Manghopir Road, Karachi. The company has also arranged for video conferencing to ensure broader participation, complying with regulation No.5.6.9 of the Pakistan Stock Exchange (PSX) Regulations, which mandates prior transmission of meeting details.

The company has provided shareholders with the option to vote through a postal ballot for the election of directors and to address other special business matters outlined in agenda No.4. The ballot paper will be available on the company's official website and is scheduled to be published in the 'Pakistan Observer' and 'Roznama Dunya' newspapers on October 17, 2025. In accordance with regulation No.4 of the Companies (Postal Ballot) Regulations, 2018, an e-voting facility will also be available to eligible shareholders.

According to information available from the Pakistan Stock Exchange (PSX), the company's upcoming AGM will include the election of seven directors for a term of three years, beginning October 28, 2025. The nominations received for these positions do not exceed the number of available seats, indicating that the proposed candidates will be elected unopposed, eliminating the need for voting on this agenda item.

Additionally, the agenda includes the approval of transactions with related parties, as disclosed in Note 39 of the financial statements for the year ending June 30, 2025. The board of directors has been authorized to approve related party transactions on a case-to-case basis for the financial year ending June 30, 2026. These transactions will be deemed approved by shareholders in accordance with the Companies Act, 2017, and related regulations, pending any required formal ratification at the upcoming AGM.

Shareholders are advised to submit their postal ballots to the company’s Chairman by October 27, 2025, before 5:30 p.m. Ballots can be sent either through post or via the registered email address provided. All ballots must be duly filled and signed, as incomplete or incorrect submissions will not be considered valid for voting. The postal ballot form is available for download on the company's website, offering shareholders the flexibility to participate in the voting process.