⚡ Flash Summary
East West Insurance Co., Ltd. is calling for an Extraordinary General Meeting (EOGM) to increase the company’s authorized capital. The board of directors is seeking approval to raise the authorized capital from Rs. 3,000,000,000 to Rs. 4,000,000,000. This increase is intended to facilitate the further issuance of capital. The meeting will be held on November 29, 2025, and shareholders as of November 24, 2025, are eligible to attend and vote.
📌 Key Takeaways
- 📢 EOGM announced to increase authorized capital.
- ⬆️ Proposed increase from Rs. 3,000,000,000 to Rs. 4,000,000,000.
- 🗓️ Meeting date: November 29, 2025.
- 🔑 Shareholders as of November 24, 2025, eligible to vote.
- 📃 Amendment to Memorandum and Articles of Association proposed.
- 💻 Electronic voting facility and voting by post available.
- 📍 Meeting at Registered Office in Quetta.
- 📜 Proxy voting allowed for members.
- 🆔 Original CNIC required for attending the meeting.
- 🌐 Notice and proxy form available on the company website.
- ✉️ Share transfer books closed from November 25-29, 2025.
- 🏢 THK Associates is the Share Registrar.
- 📹 Video-link facility available upon demand by shareholders holding 10% of paid-up capital.
🎯 Investment Thesis
HOLD. The announcement of an EOGM to increase authorized capital is a neutral event in itself. While it provides the company with greater financial flexibility, the lack of specific details regarding the use of these funds makes it difficult to assess the potential impact on the company’s future performance. Further information on the company’s strategic plans and how the increased capital will be utilized is needed before making a BUY or SELL recommendation.
Disclaimer: AI-generated analysis. Not financial advice.