OGDC postpones Election of Directors due to delay in GOP nominations

MG News | October 20, 2020 at 12:30 PM GMT+05:00

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October 20, 2020 (MLN): Oil and Gas Development Company (OGDC) has announced the postponement of Election of Directors for the time being due to delay in GOP nominations on OGDCL Board of Directors (BOD), and has submitted an impediment report to the Joint Registrar, Securities and Exchange Commission of Pakistan for the same.

The company further stated that the Election of Directors, therefore, will not be part of the agenda in the forthcoming AGM of the members scheduled on October 28, 2020. However, the rest of the ordinary business would be taken as announced earlier.

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