Karachi: Members of Hashma Sugar Mills Limited have been notified of the candidates who have filed for election as directors of the company. The election is set to take place at an Extraordinary General Meeting on March 31, 2025, at 11:00 a.m. The announcement comes in accordance with Section 159(4) of the Companies Act, 2017.

The candidates for the election include Begum Nilo Sallow, Mr. Abbas Sarfaraz Khan, Ms. Zamline Sarfaraz, Mr. Iskander M. Khan, Mr. Rizwan Ullah Khan, Ms. Sarnia Liaquat Ali Khan, and Mr. Faisal Kemal Khan. The number of candidates matches the number of director positions, which is seven, as previously determined by the Board of Directors. This includes two independent directors, as required by sub-section (1) of Section 159 of the Companies Act, 2017.

According to information available from the Pakistan Stock Exchange (PSX), these seven individuals, including the two independent directors, are expected to be deemed elected under Section 166(3) of the Companies Act, 2017.

The profiles and additional information about the candidates will be accessible on the company’s website, as per the Securities and Exchange Commission of Pakistan’s SRO 634(I) dated July 10, 2014. Hashma Sugar Mills Limited operates in the designated market category of sugar and related products.