Mari Petroleum Company Limited has suggested changing its name to “Mari Energies Limited.” This proposed change will be discussed and voted on by shareholders at a special meeting scheduled for Thursday, December 19, 2024. However, the name change is only possible if it is approved by the Registrar of the Securities and Exchange Commission of Pakistan (SECP).
If the name change is approved, the company will also update its official documents, including the Memorandum of Association, Articles of Association, and other legal papers, to reflect the new name. This will help ensure that the company’s records align with the change.
The Managing Director and Company Secretary of the company have been given the authority to take all the necessary steps to make this transition happen smoothly. They will be responsible for handling the paperwork and any legal procedures needed to complete the process.
This move is part of Mari Petroleum’s efforts to refresh its identity and better represent the company’s focus on energy-related activities. By changing the name, the company aims to reflect its evolving role in the energy sector, which is growing and changing rapidly.
Shareholders will have the final say on whether to approve the proposal, and if they do, the company will proceed with the necessary changes to its legal documents and branding.
In conclusion, the proposed name change will be a significant step for Mari Petroleum, marking its transition into a more energy-focused future.
