Notice period for Extraordinary General Meetings (EGM) may be shortened
Reform ID		F371
Description		Reduction of the Board’s decision period to call an Extraordinary General Meeting from twenty-one to seven days, and introduction of electronic notice delivery to members via registered email IDs has been proposed to enhance corporate responsiveness and align with international best practices such as those in the UK and Japan.
Department		Securities and Exchange Commission of Pakistan (SECP)
Jurisdiction / Location		Federal - Entire Pakistan
Sector		All Sectors
Start Date		24-06-2025
Target Deadline		24-09-2025
Date Enacted
Implementation Status		In Progress
Progress		50%
CCORR Direction		Simplify
Cost Savings PKR (Mil.)
Evidence