Notices Closed 05 Aug 2026
Suhail Jute Mills Ltd — Extraordinary General Meeting & Proposed Disposal of Nowshera Land (05 Aug 2026)
Suhail Jute Mills Ltd · Rawalpindi · Nawa-i-Waqt,
Notice advertisement published in Nawa-i-Waqt on Tuesday, 14 July 2026, listed under Rawalpindi. Issued by Suhail Jute Mills Ltd. The last date printed on the advertisement was Wednesday, 5 August 2026 and has passed.
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Issuer: Suhail Jute Mills Limited. Notice of an Extraordinary General Meeting (EGM) of members to consider and approve disposal of part of the Company’s land and related corporate approvals.
| Item | Details |
|---|---|
| EGM Date & Time | 2026-08-05 at 15:00 |
| Meeting Venue | Registered Office: 505/19, New Hariley Street, Rawalpindi |
| Special Business | Authorize Chief Executive/Board to take all necessary steps to dispose of part of the land of the Company, enter into joint ventures or other arrangements, and to effect the disposal on negotiated terms. |
| Asset Description | Land with building structures thereon (industrial). |
| Date of Acquisition | 1 July 2017 (brought into books after being acquired through merger) |
| Acquisition/Book Cost | Rupees 281.643 million (acquisition value at merger / book value) |
| Revalued Amount | Rupees 331,500,000 (Revaluation dated 05 July 2025) |
| Approximate Market/Fair Value | Rupees 331,500,000 |
| Location of Land | Nowshera, Khyber Pakhtunkhwa (KPK) |
| Area Proposed to be Sold | 744 Kanals & 2 Marlas |
| Manner of Disposal | By negotiated sale |
| Related-Party Status | It is not expected that any potential buyer shall be a related party |
| Use of Proceeds | Settlement of liabilities to financial institutions, settlement of government and employee dues, and settlement of other creditors |
| Effect on Operational Capacity | No effect on operational capacity is expected |
| Strategic/Member Benefit | Settlement of long-standing obligations, avoidance of forced liquidation, reduction of company debt and interest burden |
Notice date: 13 July 2026. Shareholders entitled to attend and vote may appoint proxies as per company procedure. Members should refer to the Company Secretary for meeting formalities and records of share entitlement for the period 29 July 2026 to 05 August 2026.
Published in Nawa-i-Waqt on Tuesday, 14 July 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.
Questions about this notice
- What is the last date for this notice?
- The advertisement prints Wednesday, 5 August 2026. That date has passed.
- Which newspaper published this notice?
- Nawa-i-Waqt, in the edition of Tuesday, 14 July 2026.
- Which city is this notice for?
- Rawalpindi — the location listed for this advertisement.
- How do I respond to this notice?
- Follow the instructions printed in the clipping; the advertiser’s own page is linked from this one. Applications are not submitted through this page.
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