Lahore: Treet Corporation Limited held its Extraordinary General Meeting on January 13, 2026, at Ali Auditorium in Lahore, with participation facilitated through video link. The meeting resulted in the approval of key resolutions, including a significant investment in Loads Limited.
During the meeting, the minutes from the Annual General Meeting held on October 27, 2025, were confirmed and approved by the members. The focal point of the meeting was the special resolution concerning the investment in Loads Limited, an associated company.
The company resolved to authorize an equity injection of up to PKR 752.89 million into Loads Limited. This investment is to be executed through the subscription of right shares and other entitlements available through the company’s right issue process. The price for these shares will not exceed PKR 12.50 per share.
According to information available from the Pakistan Stock Exchange (PSX), this move aims to bolster Treet Corporation Limited’s strategic interests in Loads Limited. The resolution empowers the company’s board to manage this investment over the next year, providing them with the flexibility to retain or dispose of the investment as deemed appropriate.
Mr. Syed Sheharyar Ali, the Chief Executive Officer, and Ms. Zunaira Dar, the Chief Legal Officer and Company Secretary, have been authorized to execute necessary actions to facilitate this investment. This includes obtaining approvals and performing acts necessary to fulfill the objectives of the resolution.