GEPCO Wants to Raise Its Capital Limit by Rs. 25 Billion Ahead of Privatization
Gujranwala Electric Power Company Limited (GEPCO) has proposed increasing its share capital limit by 50%, from Rs. 50 billion to … Read More The post GEPCO Wants to Raise Its Capital Limit by Rs. 25 Billion Ahead of Privatization appeared first on ProPakistani .
The electric power company Gujranwala Electric Power Company Limited (GEPCO) plans to boost its share capital limit by 50%, raising it from Rs. 50 billion to Rs. 75 billion. This proposal will be discussed at GEPCO's 34th Extraordinary General Meeting on October 22, 2026, as per an official notice issued by the company. Under the increased limit, GEPCO could issue shares valued at up to Rs.
75 billion, compared to the current limit of Rs. 50 billion. Each share would carry a face value of Rs. 10, allowing the company's maximum authorized share issuance to expand from five billion to 7.5 billion. However, the proposal does not signal an immediate share issuance or additional capital inflow; it merely raises the cap on the total value of shares GEPCO can issue.
The government has directed GEPCO to make this change through the Privatization Commission, following instructions from the Cabinet Committee on Privatization dated September 25, 2026. To implement the proposal, GEPCO must amend its founding documents, a process requiring shareholder approval and completion of legal and regulatory procedures.
Written by urgent.news from ProPakistani's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
