PCAL · Pakistan Cables Limited
Notice of Annual General Meeting
- Filed
- 15 September 2026 at 2:04 pm
- Category
- Meetings
- Sentiment
- Good
- Impact
- High
AI executive summary
Pakistan Cables Limited has issued a notice for its 73rd Annual General Meeting (AGM) scheduled for October 6, 2026. Key items include the adoption of annual financial statements, appointment of auditors, and special business regarding the disposal/buyback of its entire 17% shareholding in associated company Chinoy Engineering & Construction (Private) Limited for PKR 350 million.
Key takeaways
- AGM scheduled for October 6, 2026, at the Pakistan Stock Exchange and via video conference.
- Special resolution to sell PCL's entire 17% stake in Chinoy Engineering & Construction (Pvt) Limited for PKR 350 million.
- Estimated pre-tax gain of PKR 301.55 million from the divestment, with proceeds earmarked to pay off bank borrowings.
- Book closure from September 30, 2026, to October 6, 2026.
- #agm
- #divestment
- #financial-statements
- #special-resolution
This summary is AI-generated and may contain errors or omissions. Review the official PSX filing before making an investment decision.