December 17, 2020 (MLN): Gillette Pakistan Limited, in its Extraordinary general meeting, held on December 17, 2020, has resolved that the authorized capital of the company be increased from Rs. 200 million divided into 20 million ordinary shares of Rs. 10 each to Rs. 400 million divided into 40 million ordinary shares of Rs. 10 each.

It has been further resolved that the ordinary shares when issued shall carry equal voting rights and rank pari passu with the existing ordinary shares of the company in all respects/matter in conformity with the provisions of the Companies Act, 2017.

As per the notice, the company resolved that the Chief Executive Officer or Company Secretary be and are hereby singly authorized to do all acts, deeds and things, take any or all necessary actions to complete all legal and corporate formalities and file all required documents with the Registrar to effectuate and implement this resolution.

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