GEPCO Wants to Raise Its Capital Limit by Rs. 25 Billion Ahead of Privatization

Gujranwala Electric Power Firm Limited (GEPCO) has proposed increasing its share capital limit by 50%, from Rs.

Key points

• The proposal will be presented at GEPCO's 34th Extraordinary General Session on October 22, 2026, according to an official notice issued by the business.
• The proposal follows instructions issued by the Cabinet Committee on Privatization through the Privatization Commission in a letter dated September 25, 2026.
• The session will additionally consider approving the record of GEPCO's previous annual general session, held on October 24, 2025.
• This would growth the maximum number of shares GEPCO is allowed to problem from five billion to 7.5 billion.

Gujranwala Electric Power Firm Limited (GEPCO) has proposed increasing its share capital limit by 50%, from Rs. 50 billion to Rs. After directions from the government's Cabinet Committee on Privatization, 75 billion.

In practice, the proposal will be presented at GEPCO's 34th Extraordinary General Session on October 22, 2026, according to an official notice issued by the business. What Does the Growth Mean?

For context, the proposed change would allow GEPCO to matter shares worth up to Rs. 75 billion, compared with the current limit of Rs. 50 billion. Each share has a stated value of Rs. 10.

Nevertheless, the proposed rise does not mean GEPCO will immediately matter more shares or receive further funds. It would only raise the limit on the total value of shares the firm is permitted to problem.

Notably, the notice does not specify whether GEPCO intends to problem extra shares, how much capital it might raise, or how any new funds would be spent. Here's How High Electricity Bills You Will Pay in November. Administration Directs GEPCO to Produce the Change.

In practice, the proposal follows instructions issued by the Cabinet Committee on Privatization through the Privatization Commission in a letter dated September 25, 2026.

To create the change, GEPCO would need to amend a section of its founding documents that sets the maximum value of shares it can problem.

If shareholders approve the proposal, the company's chief executive officer and firm secretary would be authorised to complete the required paperwork and submit it to the relevant administration departments and regulators, including the Securities and Exchange Commission of Pakistan (SECP).

As long as the changes did not significantly alter the approved proposal, they could additionally produce corrections requested by these authorities. PM Shehbaz Rejects LPG Auction Plan. Other Matters on the Meeting's Agenda.

In practice, the session will additionally consider approving the record of GEPCO's previous annual general session, held on October 24, 2025.

GEPCO has called the session with less than the usual 21 days' notice. This is allowed under the Firms Act, 2017, provided all members entitled to attend and vote agree to the shorter notice period. The notice asks members to offer their consent to this arrangement.

In practice, the secretary of the Ministry of Energy's Power Division has additionally been asked to problem the necessary authorisation for a representative to exercise the federal government's voting rights at the session and approve the shorter notice period. Textile Factories Seek Cheap Electricity from Punjab Govt.

Notably, the proposed growth in GEPCO's share capital limit will take effect only after the required shareholder approval and completion of the relevant legal and regulatory procedures. Stay Connected with ProPakistani.

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In short, GEPCO Wants to Raise Its Capital Limit by Rs. 25 Billion Ahead is the central thread here, and readers can expect follow-up reporting as the picture becomes clearer.