Category: Board Meetings

Karachi, Al-Abid Silk Mills Limited has announced that its Board of Directors will convene a meeting on May 29, 2023, in Karachi. The primary agenda of the meeting is to appoint a Chairman and Chief Executive Officer (CEO) for the company, along with addressing any other relevant matters.

The appointment of a Chairman and CEO holds significant importance for Al-Abid Silk Mills Limited as it will shape the company's leadership and strategic direction. The decision will be carefully considered by the Board of Directors to ensure the selection of qualified individuals who possess the skills, experience, and vision necessary to drive the company forward.

In accordance with Clause 5.6.ld) of the PSX Regulations, Al-Abid Silk Mills Limited has declared a "Closed Period" from May 23, 2023, to May 29, 2023. During this period, no Director, CEO, or Executive is permitted to engage in any direct or indirect dealings involving the shares of the company. This regulatory measure aims to maintain fairness, transparency, and integrity in the market by preventing any potential conflicts of interest.

Karachi, Haseeb Waqas Sugar Mills Limited has scheduled a Board of Directors meeting to discuss and consider the company's Quarterly Accounts for the period ended March 31, 2023. The meeting will take place on May 30, 2023, at the company's headquarters in Lahore.

During the meeting, the Board of Directors will thoroughly review the financial performance and operations of Haseeb Waqas Sugar Mills Limited for the first quarter of the fiscal year 2023.

Haseeb Waqas Sugar Mills Limited has declared a Closed Period from May 23, 2023, to March 30, 2023.

Karachi, Sana Industries Limited has announced that it will conduct a Board of Directors meeting on May 30, 2023, in Karachi. The primary objective of the meeting is to discuss and deliberate upon filling the casual vacancy of an Independent Director within the company.

In accordance with Clause 5.6.ld) of the PSX Regulations, the company has declared a "Closed Period" starting from May 23, 2023, until May 30, 2023. During this designated timeframe, directors, CEOs, and executives are prohibited from engaging in any form of direct or indirect share dealings within the company.

Karachi, Shakarganj Limited has informed its members of the filing of notices by twelve individuals expressing their intention to offer themselves for election as Directors of the company. This announcement is made in accordance with the provisions of Section 159 (3) of the Companies Act, 2017.

The twelve candidates have expressed their willingness to serve as Directors and will be presented for election at the upcoming Extraordinary General Meeting (EGM) of Shakarganj Limited, scheduled to take place on May 31, 2023. The EGM provides an opportunity for shareholders to vote on the selection of new Directors who will contribute to the strategic direction and decision-making of the company.

Karachi, EMCO Industries Limited has issued a notice to its shareholders regarding an upcoming Extra-Ordinary General Meeting (EOGM) scheduled to take place on June 26, 2023. The meeting will be held in Lahore and will also provide a video conferencing facility for remote participation. The purpose of the EOGM is to address the following agenda:

1. Confirmation of the minutes of the last Annual General Meeting held on October 12, 2022.

2. Election of twelve Directors for the company, as determined by the Board in their meeting held on May 19, 2023, in accordance with the provisions of Section 154(1) & 159(1) of the Companies Act, 2017. The elected Directors will serve a three-year term starting from 1st July 2023, replacing the eleven retiring Directors.

The Board of Directors has decided on the number of elected directors to be twelve, as announced during their meeting on May 19 2023. All the retiring Directors are eligible to offer themselves for re-election, giving shareholders an opportunity to evaluate their performance and decide on their continued representation on the board.

Karachi, In a recent Extra Ordinary General Meeting (EOGM) held on May 23, 2023, at Karachi, IGI Life Insurance Limited announced the election of seven new Directors. The elected individuals will serve a term of three years, beginning from May 23, 2023.

Karachi, Avanceon Limited, a leading technology solutions provider, has released a notice of election of directors for its upcoming 20th Annual General Meeting. The meeting is scheduled to be held on Monday, 29th May 2023, in Lahore.

During a meeting held on 20th April 2023, the current directors of Avanceon Limited have decided that seven directors will be elected during the AGM. The individuals nominated for the directorial positions are:

1. Mr. Khalid Hameed Wain

2. Mr. Bakhtiar Hameed Wain

3. Mr. Amir Waheed Wain

4. Mr. Tanveer Karamat

5. Mr. Mohammad Shahid Mir

6. Mr. Orner Iqbal Khan

7. Ms. Hanan Darwish

Karachi, The Board of Directors of Janana De Malucho Textile Mills Limited convened on Monday and announced the appointment of Mr. Ahmad Kuli Khan Khattak as the Chairman of the Board for the next three years. The decision, effective from May 21, 2023, marks a significant step towards the company's continued growth and success.

In addition to the appointment of Mr. Ahmad Kuli Khan Khattak, Lt.Gen. (Retd.) Ali Kuli Khan Khattak has been re-appointed as the Chief Executive Officer (CEO) of Janana De Malucho Textile Mills Limited for the next three years. Lt.Gen. (Retd.) Ali Kuli Khan Khattak has been instrumental in steering the company towards growth and profitability during his previous tenure, and his reappointment reinforces the Board's confidence in his leadership abilities.

Karachi, Pakistan International Airlines Corporation Limited (PIACL) is set to hold a board meeting today to review and discuss the company's First Quarterly Financial Statements for the period ended March 31, 2023. The meeting, scheduled to take place at the company's headquarters in Karachi, will also address the declaration of any entitlement for stakeholders.

In anticipation of the board meeting, PIACL had previously announced a 'Closed Period' starting from Monday, May 22, 2023. During this period, shareholders and relevant individuals are prohibited from trading or dealing in the company's securities.

Karachi, The Board of Directors of Dewan Sugar Mills Limited is scheduled to convene on May 29, 2023, at Karachi. The meeting will primarily focus on reviewing and deliberating the Quarterly Accounts for the period ended March 31, 2023. Additionally, the Board will assess the possibility of declaring any entitlements to the company's shareholders.

Dewan Sugar Mills Limited has declared a Closed Period, effective from May 22, 2023, until May 29, 2023.

Karachi, Cyan Limited conducted an Extraordinary General Meeting (EGM) on Monday, May 22, 2023. The meeting took place at the Dawood Foundation Business Hub on the Ground Floor of Dawood Centre in Karachi, with the inclusion of a Video Link Facility for remote participation.

The primary agenda of the EGM was to elect seven directors of the company, as determined by the Board of Directors, in accordance with Section 159(1) of the Companies Act, 2017. These directors will serve a three-year term starting from May 22, 2023.

After a thorough voting process, the following individuals were elected as directors of Cyan Limited:

1. Mr. Abdul Samad Dawood

2. Ms. Sabrina Dawood

3. Mr. Muhammed Amin

4. Mr. Isfandiyar Shaheen

5. Mr. Zamin Zaidi

6. Mr. Sikander Hazir

7. Mr. Nasir Altaf

Karachi, Al-Abbas Sugar Mills Limited has announced that its Board of Directors will convene a crucial meeting on May 29, 2023, in Karachi. The primary agenda of the meeting will be to review and discuss the company's Quarterly Accounts for the period ending March 31, 2023, with a potential declaration of any entitlement.

Al-Abbas Sugar Mills Limited has implemented a Closed Period starting from May 23, 2023, which will continue until May 29, 2023.