Lahore: Sui Northern Gas Pipelines Limited has been granted an extension by the Securities and Exchange Commission of Pakistan (SECP) to convene its Annual General Meeting (AGM) for the financial year ending June 30, 2026. The meeting is now scheduled to take place by November 27, 2026, according to a letter from the SECP dated October 5, 2026.
The extension was requested by Sui Northern Gas Pipelines Limited through an application dated September 28, 2026. The company sought additional time under section 132, in conjunction with section 223 of the Companies Act, 2017, to hold its AGM and present its annual audited financial statements for shareholder consideration.
According to information available from the Pakistan Stock Exchange (PSX), the company's activity in the market remains a point of interest for stakeholders as they await the disclosure of financial statements at the rescheduled meeting. The decision by the SECP allows the company additional time to prepare these documents, ensuring comprehensive reporting to its shareholders.
The letter from the SECP, identified as No. SMD/PRDD/Comp/(13)/2021/39, confirms that the extension has been approved by the competent authority, providing the company with an additional two months beyond the usual deadline to hold its AGM. This extension underscores the regulatory framework within which publicly listed companies operate in Pakistan, ensuring transparency and accountability in corporate governance practices.