Gujranwala Electric Power Company Limited (GEPCO) has proposed increasing its share capital limit by 50%, from Rs. 50 billion to Rs. 75 billion, following directions from the government’s Cabinet Committee on Privatization.
The proposal will be presented at GEPCO’s 34th Extraordinary General Meeting on October 22, 2026, according to an official notice issued by the company.
The proposed change would allow GEPCO to issue 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.
This would increase the maximum number of shares GEPCO is allowed to issue from five billion to 7.5 billion.
However, the proposed increase does not mean GEPCO will immediately issue more shares or receive additional money. It would only raise the limit on the total value of shares the company is permitted to issue.