Adamjee Insurance Announces Extraordinary General Meeting to Elect New Directors

Lahore: Adamjee Insurance Company Limited has scheduled an Extraordinary General Meeting (EOGM) to be held on May 28, 2025, in Lahore. The purpose of the meeting, announced by the company, is to elect seven directors, in line with the directives set forth by the Board under Section 159 (1) of the Companies Act 2017. These directors will serve a term of three years starting from May 29, 2025.

The meeting will address the ordinary business of electing the new board members, a process that is mandated by the regulatory framework governing corporate entities. The current directors, whose terms are set to expire, include Mr. Ibrahim Shamsi, Mr. Imran Maqbool, Khawaja Jalaluddin, Mr. Muhammad Arif Hameed, Shaikh Muhammad Jawaid, Mrs. Sadia Younas Mansha, and Mr. Umer Mansha.

According to information available from the Pakistan Stock Exchange (PSX), Adamjee Insurance Company Limited operates within the insurance sector. The election of directors is a critical event for the company as it seeks to ensure effective governance and strategic direction for the upcoming term. The meeting is part of the regulatory compliance necessary for public companies, ensuring transparency and accountability in corporate management.

The election outcome will determine the leadership that will guide Adamjee Insurance through the next three years, influencing its strategic decisions and overall performance in the market.