June 27, 2025
The General Manager
Pakistan Stock Exchange Limited Stock Exchange Building
Stock Exchange Road Karachi
MATCO FOODS LIMITED
B -1/A, S.I.T.E., Phase 1, Super Highway Industrial Area, Karachi - 75340.
Tel: +92 21 36411661-3
Cell +92 300 8610651
Fax: +92 21 36881443
Email: contact@matcofoods.com
Subject: Filing of Certified Copy of Resolution Passed by the Shareholders of Matco Foods Limited in Extraordinary General Meeting held on June 27, 2025
Dear Sir,
In accordance with the requirements of Regulations No. 5.6.9(b) of the Rule Book of Pakistan Stock Exchange Limited, we are pleased to submit herewith the enclosed certified copy of the resolutions passed and adopted by the members in the Extraordinary General Meeting of Matco Foods Limited held on June 27, 2025 at 11:00 a.m. at Institute of Cost and Management Accountants of Pakistan, Seminar Room, ICMA Pakistan Building ST-18/C, ICMAP Avenue, Block 6, Gulshan-e-lqbal, Karachi 75300 and through Video Link.
This submission is being made for the information and record of the Exchange. Regards,
For and on behalf of Matco Foods Limited
Muhammad Noman Ansari
Company Secretary Encl: As above Copy to:
The Director/HOD
Surveillance, Supervision, and Enforcement Department Securities and Exchange Commission of Pakistan
NIC Building, 63 Jinnah Avenue, Blue Area, Islamabad
Visit us at: https://www.matCofoods com. https://www.faIakrice.com B A 5 M ATI RIC E
MATCO GOODS LIMITED
B -1/A, S.I.T.E., Phase 1, Super Highway
Industrial Area, Karachi - 75340.
Tel: +92 21 36411661-3
Cell: +92 300 8610651
Fax: +92 21 36881443
Email: contact@malcofoods.com
EXTRACT OF THE RESOLUTION PASSED BY THE SHAREHOLDERS OF MATCO FOODS LIMITED IN THE EXTRAORDINARY GENERAL MEETING HELD ON
JUNE 27, 2025
Ordinary Businesses:
To read and confirm the minutes of the previous annual general meeting held on October 24,
2024.
RESOLVED THAT the minutes of the Annual General Meeting of the Company held on October 24, 2024, be and are hereby confirmed.
Special Resolution:
Pursuant to the Order of the High Court of Sindh at Karachi dated June 3, 2025, passed in Civil Miscellaneous Application No. 3231 of 2025, in Petition bearing J. C. M. No. 21 of 2025, to consider and, if thought fit, to pass, with or without modification, the following resolution for the corporate restructuring/reorganization of the Company, involving, inter alio, the bifurcation/separation of the Company into two segments/undertakings i.e. the Corn Starch Undertaking and the Retained Undertaking, and the merger, by way of amalgamation, of the Corn Starch Undertaking with and into the Company's wholly owned subsidiary i.e. Matco Corn Products (Private) Limited, along with all ancillary matters thereto, in accordance with the Scheme of Arrangement dated May 23, 2025, as approved by the Board of Directors of the Company on May 23, 2025.
RESOLVED THAT ttfie Scheme of Arrangement dated May 23, 2025, prepared under the provisions of Sections 279 to 283 and 285(8) of the Companies Act, Z017, for the corporate restructuring/reorganization of Matco Foods Limited, involving, inter alia, the bifurcation/separation of Matco Foods Limited into two segments/undertakings (i.e. the Corn Starch Undertaking and the Retained Undertaking), and the merger, by way of amalgamation, of the Corn Starch Undertaking with and into Matco Corn Products (Private) Limited, along with all ancillary matters thereto, placed before the meeting for consideration and approval, be and is hereby approved and adopted, along with any modifications/amendments required, or conditions imposed by the High Court of Sindh at Karachi, subject to sanction by the High Court of Sindh at Karachi, in terms of the provisions of the Companies Act, 2017.
To transact any other business with the permission of the Chair.
Muhammad Noman Ansari Company Secretary
Visit us at: www.matcofoods com, www faIakrice.com BAS MAT I R
CDC SHARE R66ISTRAR SER9I6ES LIMITED
Matco Foods Limited
Result of Poll held for Special Business
At Extraordinary General Meeting held on June 27, 2025
Total Number of Members -Representing Shares =
1,502
122,400,698 of Rs. 10 each
Total Members present in person / proxy/ E-voting / Postal Ballot
E-voting | 18 | 59,537 | 0.049% | ||||||||
Postal Ballot | 11 | 93,506,124 | 76.393% | ||||||||
In F'erson/Proxy | 46 | 6,770 | 0.006% | ||||||||
Total | 75 | 93,572,431 | 7C.446°/ | ||||||||
*otes in Favour | G8 | 93,571,846 | 99.9994'/ | 76.447% |
Votes Against | 585 | 0.0006% | 0.000% | |
Votes Rejetced | 0.00% | 0.000% |
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