Lahore, July 10, 2025 – Kohat Cement Company Limited (KCCL) has announced key corporate decisions following its board meeting held on Thursday, July 10, 2025, at the company’s head office in Lahore.
According to the official notice sent to the Pakistan Stock Exchange (PSX), the board approved:
- Reappointment of Leadership:
Mr. Aizaz Mansoor Sheikh as Chairman and Mr. Nadeem Atta Sheikh as Chief Executive Officer (CEO) for another three-year term. - Formation of New Subsidiary:
Launch of a wholly-owned real estate subsidiary named Ultra Properties (Private) Limited for commercial property development and leasing. An investment of up to PKR 750 million has been approved for this purpose.
Read More: Lucky Cement Leads Market for 6th Year in FY25
- Share Sub-Division:
Approval of a 5-to-1 stock split, reducing the face value of shares from Rs. 10 to Rs. 2 per share, under Section 85(1)(c) of the Companies Act 2017.
EOGM Scheduled
An Extraordinary General Meeting (EOGM) will be held on August 7, 2025, at 11:00 AM at Kohat Cement Factory, Rawalpindi Road, Kohat, to seek shareholders’ approval for the share sub-division and amendment of the Memorandum of Association.
Book Closure Notice
The share transfer books will remain closed from July 31 to August 7, 2025 (inclusive). Transfers received by July 30, 2025, will be eligible for participation in the EOGM.
