GEMMEL · GEMMEL
Mughal Energy Limited AGM Resolutions: Capital Increase and Related Party Transactions
Official PSX filing title: Resolutions adopted at the Annual General Meeting of the Company held on October 22th 2026
- Filed
- 22 October 2026 at 1:13 pm
- Category
- Meetings
- Sentiment
- Neutral
- Impact
- Medium
Executive summary
Mughal Energy Limited held its 14th Annual General Meeting on October 22, 2026, where members adopted the financial statements for the year ended June 30, 2026, and appointed statutory auditors. Shareholders also approved special resolutions to increase the authorized capital to Rs. 4,500 million, authorize financial facilities from the holding company, and ratify related party transactions.
Key takeaways
- Adopted annual financial statements for the year ended June 30, 2026.
- Appointed M/s. Muniff Ziauddin & Company as statutory auditors for 2026-2027.
- Approved increase in authorized capital from Rs. 2,500 million to Rs. 4,500 million.
- Authorized financial and corporate guarantee facilities from holding company Mughal Iron & Steel Industries Limited.
- #agm
- #shareholder-resolutions
- #capital-increase
- #related-party-transactions
Please cross-check with the official PSX filing before making an investment decision.