LAHORE: Oilboy Energy Limited ne apne shareholders ko inform kiya hai ke company ka Extra-Ordinary General Meeting (EOGM) 16 December 2025, 9:30 AM ko Lahore mein company ke registered office mein mun‘aqid hoga, jahan ek aham Special Resolution par vote diya jayega.
Company ke mutabiq, Right Issue se uthaye gaye Rs. 250 million ke funds ka purpose change karne ka resolution shareholders ke samne rakh diya gaya hai. Pehle yeh funds “Bio-Oil from Pyrolysis – Waste to Energy” project ke liye allocate kiye gaye thay, magar ab company ne in funds ka istemal mukhtalif operational aur business expansion activities mein kar liya hai.
Company bataati hai ke Right Issue ke paisay ab neeche diye gaye maqaasid ke liye use kiye gaye:
- Coal, LPG aur allied fuel products ke trading business ka expansion
- Storage, logistics aur supply chain infrastructure ka enhancement
- Working capital aur operating assets ko strengthen karna
Company ne kaha ke yeh resolution Companies Act 2017, Companies (Further Issue of Shares) Regulations 2020, aur zaroori regulatory approvals ke tehat pass kiya jayega.
EOGM ke ballot paper ke zariye shareholders se guzarish ki gayi hai ke woh apna assent ya dissent register karen.
Resolution approve hone ki surat mein, CEO ko tamam regulatory filings aur zaroori documents submit karne ka ikhtiyar de diya jayega.
