Karachi: Ghandhara Automobiles Limited has officially announced the convening of an Extraordinary General Meeting (EOGM) scheduled to take place on February 4, 2025. The meeting, which will be held both in-person in Karachi and via video-link, was publicized in prominent newspapers, "Dawn" and "Khabrain", on January 13, 2025. This announcement aims to keep TRE Certificate Holders informed about the upcoming corporate developments.

The primary agenda for the EOGM includes the confirmation of the minutes from the Annual General Meeting held on October 24, 2024. A significant highlight of the meeting will be the election of ten directors for the company, as determined by the Board of Directors in accordance with Section 159(1) of the Companies Act, 2017. The newly elected directors will serve a term of three years starting from February 19, 2025.

The candidates eligible for re-election include Lt. Gen. (Retd.) Ali Kuli Khan Khattak, Mr. Ahmad Kuli Khan Khattak, Mrs. Shahnaz Sajjad Ahmad, Mr. Sikandar Kuli Khan Khattak, Mr. Muhammad Zia, Mr. Muhammad Saleem Baig, Syed Haroon Rashid, Mr. Polad Merwan Polad, Mr. Salman Rasheed (FCA), and Mr. Asim Arshid. The Board has allocated one seat for a "female director", three seats for "independent directors", and six seats for "other directors".

According to information available from the Pakistan Stock Exchange (PSX), this meeting represents a crucial opportunity for stakeholders to engage in the decision-making processes that will shape the company's future. The emphasis on diverse representation in the Board underscores Ghandhara Automobiles Limited's commitment to inclusive leadership.

Additionally, the meeting will address any other business matters that arise with the Chair's permission. This EOGM is a pivotal event for Ghandhara Automobiles Limited as it charts its course forward in the competitive automobile market.