On Thursday, 18 January 2024, Azgard Nine Limited's preference shareholders met at 11.30 am at the company's registered office, Ismail Aiwan-i-Science, Lahore. The Board had approved the settlement plan and recommended it to preference shareholders.
The meeting approved the plan for outstanding preference shares. Under the plan, all outstanding dividends have been cleared, and principal and accrued mark-up are being settled on schedule. To make it easier to take part, preference shareholders could attend by video link after registering in advance.
Key facts
- Meetingpreference shareholders, 18 January 2024, 11.30 am, Lahore
- Businessapproval of the settlement plan for outstanding preference shares
- Participationin person, by proxy or by video link
- Statuspayments being made as per the approved plan (Corporate Briefing 2024)
Meeting its commitments to every class of investor strengthens the base for Azgard9's growth.
