Lahore: In accordance with Section 159(4) of the Companies Act, 2017, Roshan Packages Limited has announced the unopposed election of its board of directors for the upcoming term. The election is scheduled to occur during the company's Annual General Meeting on October 28, 2024.

The following individuals have been confirmed as the candidates for the board positions, having submitted their notices of intention to run for election as per Section 159(3) of the Act:

1. Mr. Tayyab Aijaz

2. Mr. Saadat Eijaz

3. Mr. Zaki Aijaz

4. Mr. Khalid Eijaz Qureshi

5. Mr. Quasim Aijaz

6. Mrs. Ayesha Mussaddaque Hamid, serving as an Independent Female Director

7. Mr. Nadeem Amjad Khan, serving as an Independent Director

According to information available from the Pakistan Stock Exchange (PSX), the number of nominees equates to the number of director positions set by the Board, under Section 159(1) of the Act. Therefore, these nominees will automatically assume their roles without contest.

Further details about each candidate's background and qualifications are available on the company's website. Both independent directors meet the stringent requirements laid out in Section 166 of the Act, possessing a diverse range of experiences and competencies essential for effective governance and oversight.

This smooth transition in leadership is expected to uphold the company's standards and strategic direction for the next three years.