Rafhan Maize Products Company Limited held its 139th Extraordinary General Meeting on August 12, 2026, where several significant resolutions were passed regarding amendments to the company's Memorandum and Articles of Association.
- Meeting Type: Extraordinary General Meeting (EOGM)
- Date & Time: August 12, 2026, at 3:00 p.m.
- Key Amendments Approved:
- Deletion of specific clauses in the Memorandum and Articles of Association.
- Addition of new clauses regarding lawful business activities and shareholder agreements.
- Changes to the definitions and roles of Nishat Shareholders in relation to the company.
- Notable Resolutions:
- Substitution of "Ordinary Resolution" with "Special Resolution" in Article 18.
- Increase in the number of directors required for certain decisions from five to ten.
- Amendments to ensure compliance with the Companies Act, 2017.
- No book closure dates for voting entitlement were mentioned.