Lahore: Lalpir Power Limited has released its annual report for the year ending December 31, 2024, detailing the company's board composition and shareholding patterns. The report, transmitted via PUCARS on April 4, 2025, is accessible on the company's website.

The board of Lalpir Power Limited consists of seven directors, comprising six males and one female. The composition includes two independent directors, four non-executive directors, and one executive director. The board held five meetings during the year, with full attendance from directors Mian Hassan Mansha, Mahmood Akhtar, Zaheer Ahmad Ghanghro, Inayat Ullah Niazi, and Muhammad Azam. Directors Amir Mahmood and Mrs. Hajra Arham each attended four meetings.

The Audit Committee, chaired by Zaheer Ahmad Ghanghro, convened four times, with members Inayat Ullah Niazi attending all meetings and Mrs. Hajra Arham participating in three.

According to information available from the Pakistan Stock Exchange (PSX), the shareholding structure at the end of 2024 revealed diverse categories of shareholders. Directors and their immediate family collectively held 26,000,812 shares, representing 6.84% of the total. Prominent shareholders included Mian Hassan Mansha with 25,993,762 shares.

Associated companies and related parties held significant stakes, with Jahangir Firoz owning 69.01 million shares (18.17%), and Nishat Mills Limited possessing 109.88 million shares (28.93%). The general public, both local and foreign, maintained a 23.12% shareholding, while the remaining shares were distributed among foreign companies, mutual funds, and others.

The designated market category for Lalpir Power Limited is the power sector, reflecting its operations and contributions within this industry. The annual report provides a comprehensive view of the company's governance and ownership, offering stakeholders insights into its corporate structure and shareholder dynamics.