Image Pakistan Ltd. Announces Election of Board Directors at Upcoming Extraordinary General Meeting

Karachi: Image Pakistan Ltd. has scheduled an Extraordinary General Meeting (EGM) for December 24, 2024, at its headquarters in Karachi. The meeting will focus on the election of seven directors to serve on the company's board for a term of three years, as stipulated by the Companies Act, 2017.

The agenda for the meeting includes a recitation from the Holy Quran, followed by the election process. The board has fixed the number of directors to be elected at seven, aligning with the provisions of Section 159(1) of the Companies Act. The following directors, whose current terms are expiring, are eligible for re-election: Mr. Asad Ahmad, Ms. Farnaz Ahmad, Ms. Uzma Ahmad, Ms. Marium Ahmad, Mr. Jawed Ahmed Siddiqui, Mr. Syed Hussam Ashraf Sabzwari, and Mr. Mohammad Ziyad Akhtar Syed.

According to information available from the Pakistan Stock Exchange (PSX), the outcome of this election is anticipated to be pivotal for the company's strategic direction over the next three years. The agenda also allows for the transaction of any other business with the permission of the Chair.

The meeting is expected to draw significant attention from stakeholders interested in the company's governance and future plans.