Karachi: Sui Southern Gas Company Limited has announced plans for an Extraordinary General Meeting (EOGM) scheduled for December 23, 2025, at 11:30 a.m. The meeting will take place at the Jade Hall, Arena, Habib Rehmatullah Road, Karsaz, Karachi, and will also be accessible through audio/video link, allowing broader participation from shareholders.
The agenda for the EOGM includes the confirmation of minutes from the 71st Annual General Meeting held on November 27, 2025, and the election of eleven directors, as determined by the Board of Directors in accordance with Section 159(1) of the Companies Act, 2017. The directors elected will serve a term of three years. According to information available from the Pakistan Stock Exchange (PSX), the retiring directors are eligible for re-election.
The meeting will also involve the closure of the Member Register and Share Transfer Books from December 16, 2025, to December 23, 2025. Transfers received by December 15, 2025, will be eligible for consideration for attendance and voting at the meeting. Shareholders are encouraged to submit proxies, duly stamped and signed, at least 48 hours before the meeting to ensure participation and voting rights. The designated market category for this announcement is the Sui Southern Gas Company Limited.
To facilitate shareholder engagement, the company has arranged for participation via video link. Interested members must register by sending an email or WhatsApp message, along with their details and a valid copy of their CNIC, at least 48 hours before the meeting. A video link will be provided upon verification, enabling members to join the meeting remotely.
The company has highlighted the importance of the Fit and Proper Criteria as prescribed in the State-Owned Enterprises (Governance and Operations) Act, 2023, for candidates contesting the election of directors. Candidates must submit various declarations and documents to ensure compliance with the requirements of multiple regulatory frameworks.
In preparation for the meeting, members are reminded to update their contact details with the Share Registrar or through their CDC Investor Account Service. The company has also emphasized the prohibition of gifts or incentives at general meetings, as per directives from the Securities and Exchange Commission of Pakistan (SECP).
The board has appointed M/s Yousuf Adil, Chartered Accountants, as the scrutinizer for the election of directors, ensuring the process aligns with the Companies (Postal Ballot) Regulations, 2018. The final list of candidates for the director election will be published at least seven days before the EOGM, and members may cast their votes through e-voting as per the prescribed procedures.