Lahore: Agritech Limited announced plans to convene a board meeting to address a requisition notice that calls for fresh elections for the company’s board of directors. This move comes as part of the compliance with Section 162 of the Companies Act, 2017, as per the notice received from a company member.

The announcement was made on March 10, 2025, indicating that the board is expected to deliberate on the contents of the notice and determine the appropriate actions to align with the legal requirements. The company has assured that it will keep the Pakistan Stock Exchange (PSX) informed about any developments regarding the matter.

According to information available from the Pakistan Stock Exchange (PSX), Agritech Limited is taking necessary steps to ensure transparency and adherence to the regulatory framework outlined in Section 96 of the Securities Act, 2015, and Clause 5.6.1 of the PSX Rule Book. The focus remains on maintaining open communication with the stakeholders, including the TRE Certificate Holders of the Exchange.

The disclosure of this material information reinforces Agritech Limited’s commitment to governance and regulatory compliance. The company's operations fall under the designated market category of manufacturing, with specific emphasis on the agriculture sector. The outcome of the anticipated board meeting and subsequent actions will determine the future course for Agritech Limited's governance structure.