Jahangir Siddiqui & Co. Ltd. EOGM on 2026-11-06 to Approve Subscription to EFU Life Right Shares
Jahangir Siddiqui & Co. Ltd. EOGM on 2026-11-06 to Approve Subscription to EFU Life Right Shares · Islamabad · The News International,
Notice advertisement published in The News International on Friday, 16 October 2026, listed under Islamabad. Issued by Jahangir Siddiqui & Co. Ltd. EOGM on 2026-11-06 to Approve Subscription to EFU Life Right Shares. The last date printed on the advertisement is Friday, 6 November 2026.
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Jahangir Siddiqui & Co. Ltd. has called an Extraordinary General Meeting (EOGM) to consider and, if deemed fit, approve a special resolution under Section 199 of the Companies Act, 2017 regarding subscription to rights shares of EFU Life Assurance Limited (EFUL).
| Item | Details |
|---|---|
| Issuer | Jahangir Siddiqui & Co. Ltd. |
| Meeting (EOGM) | 2026-11-06 at 11:30 a.m. |
| Venue | Dawood Hall, ICMA Pakistan, Islamabad Campus, Plot No.16, Street No.6, H-9 Sector, Islamabad |
| Purpose | Consider and approve subscription to right shares of EFU Life Assurance Limited and related matters under the Companies Act, 2017 |
| Proposed Subscription | Up to 8,696,339 right shares of EFU Life at PKR 10 per share (total PKR 86,963,390) |
| Rationale | Maintain long-term strategic investment in EFUL; shares offered at par (PKR 10) compared with market and breakup values; EFUL historically pays dividends |
| Share Transfer Books (Closure) | Closed from 2026-10-30 to 2026-11-06 (both days inclusive) to determine shareholders entitled to attend and vote |
| E‑voting Period | Online voting available from 2026-11-02 to 2026-11-05 until 5:00 p.m.; members may also vote by postal ballot |
| Company Secretary / By Order of the Board | Waleed Bhatti |
Shareholders are instructed on proxy submission, e-voting and postal ballot procedures and may receive the EOGM video link at their registered email addresses. The notice includes the Statement of Material Facts required under Section 134(3) regarding the transaction with EFU Life Assurance Limited, disclosure of investment amounts and benefits, and board recommendations to subscribe to the rights issue.
Published in The News International on Friday, 16 October 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 Friday, 6 November 2026.
- Which newspaper published this notice?
- The News International, in the edition of Friday, 16 October 2026.
- Which city is this notice listed under?
- Islamabad. That is the city recorded for this advertisement — taken from the notice where it names a place, and otherwise from the newspaper edition it appeared in.
- 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.