CFL · Crescent Fibres Limited
Crescent Fibres Limited Notice of Extra Ordinary General Meeting
Official PSX filing title: NOTICE OF EXTRA ORDINARY GENERAL MEETING
- Filed
- 20 October 2026 at 9:49 am
- Category
- Meetings
- Sentiment
- Neutral
- Impact
- Medium
Executive summary
Crescent Fibres Limited has issued a notice for an Extraordinary General Meeting (EOGM) scheduled for November 10, 2026, to consider and approve the disposal of leasehold land and buildings located at Nooriabad, S.I.T.E., District Jamshoro, Sindh. The proceeds from the sale are intended to repay financial indebtedness, fund capital expenditure including BMR and solar installation at Spinning Unit-2, and support working capital.
Key takeaways
- EOGM scheduled for November 10, 2026, at the company's registered office in Lahore.
- Special business includes approving the sale of 14 acres of leasehold land and buildings at Nooriabad S.I.T.E.
- Sale proceeds will be used to clear debt, fund BMR and solar installation, and support working capital.
- #eogm
- #asset_disposal
- #shareholder_meeting
- #crescent_fibres
Please cross-check with the official PSX filing before making an investment decision.