Karachi: An Extraordinary General Meeting (EGM) has been scheduled by Sapphire Fibres Limited (SFL) to take place on Monday, December 8, 2025, at 2:00 p.m. The meeting will be held at the Cotton Exchange Building, located on I. I. Chundrigar Road in Karachi.
Sapphire Fibres Limited has outlined a detailed process for the submission of votes through postal ballots ahead of the scheduled EGM. Shareholders have been instructed to send their duly filled and signed original postal ballots to the Chairman, Mr. Abdul Sattar, at the SFL office situated at 316-Cotton Exchange Building, I. I. Chundrigar Road, Karachi. Alternatively, shareholders can submit a scanned copy of the original postal ballot via email to [email protected].
According to information available from the Pakistan Stock Exchange (PSX), the designated market category for Sapphire Fibres Limited falls under the textiles sector. This information provides context to the company's operations and market activities.
Shareholders are required to ensure that their postal ballots reach the chairman by December 4, 2025, within working hours. Any postal ballots received after this deadline will not be considered for voting. Furthermore, the signature on the postal ballot must match the signature on the CNIC or passport, especially in the case of foreign shareholders.
The company has provided specific instructions regarding the submission of postal ballots by representatives of corporate bodies, corporations, and the Federal Government. Such submissions must be accompanied by a copy of the CNIC of the authorized person, along with a duly attested copy of the Board Resolution, Power of Attorney, or Authorization Letter, in accordance with the relevant sections of the Companies Act, 2017. For foreign corporate entities, all documents must be attested by the Counsel General of Pakistan with jurisdiction over the member.
Additionally, Sapphire Fibres Limited has made the ballot paper available on its official website, www.sapphire.com.pk/sfl, allowing members to download, print, and use the ballot paper for voting purposes. The company has stressed the importance of ensuring the completeness and accuracy of the submitted postal ballots, as incomplete or incorrect entries will lead to rejection.