Saudi Lime Industries agrees to amend article of association related to capital

Saudi Lime Industries Company announced on Wednesday the results of the extraordinary general assembly’s meeting (first meeting), which was held on Tuesday, 14/11/2023 at 06:30 PM.

Voting Results:

1. Approval of amending the company’s articles of association to align with the new Companies Law.

2. Approval of amending Article (7) of the company’s articles of association related to the capital.

3. Approval of amending Article (8) of the company’s articles of association related to the subscription in shares.

4. Approval of authorizing the Board of Directors with the powers of the ordinary general assembly as stipulated in paragraph (1) of Article 27 of the Companies Law, for a period of one year from the date of the general assembly’s approval or until the end of the authorized Board of Directors’ term, whichever comes first, in accordance with the conditions specified in the executive regulations of the Companies Law for listed joint-stock companies.