Oct 20, 2026, 10:46 AM
Maple Leaf Cement shareholders approve scheme to amalgamate Pioneer Cement
AGM / EGMMaple Leaf Cement Factory Limited submitted certified copies of special resolutions adopted at its Extraordinary General Meeting held on October 19, 2026. Shareholders approved the scheme of arrangement for the merger/amalgamation of Pioneer Cement Limited into Maple Leaf Cement, subject to any modification required by the Lahore High Court, and authorized the Chief Executive and/or Company Secretary to implement the scheme.
Key Findings
- The EOGM was held on October 19, 2026 at 4:00 PM at 64-B/1, Gulberg-III, Lahore.
- Shareholders approved the scheme of arrangement dated September 2, 2026 for amalgamation of Pioneer Cement Limited into Maple Leaf Cement Factory Limited.
- Approval is subject to any modification required by the Lahore High Court, Lahore.
- The Chief Executive and/or Company Secretary was authorized to take steps for implementation and completion of the scheme.
Meeting Details
Meeting
Extraordinary general meeting
Date
Oct 19, 2026, 4:00 PM
Venue
64-B/1, Gulberg-III, Lahore
Meeting Details
Agenda
- Consider and, if thought fit, approve the merger/amalgamation of the entire undertaking of Pioneer Cement Limited with and into Maple Leaf Cement Factory Limited under the scheme of arrangement.
Resolutions
- Approved the scheme of arrangement for merger/amalgamation of the entire undertaking of Pioneer Cement Limited with and into Maple Leaf Cement Factory Limited, subject to any modification required by the Lahore High Court, Lahore.
- Authorized the Chief Executive and/or Company Secretary, singly, to take steps and measures for implementation and completion of the scheme.
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Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.