Wah Cantt: Wah Nobel Chemicals Limited has announced the unopposed election of its Board of Directors, as detailed in a notice published under Section 159(4) of the Companies Act, 2017. The company will hold its Extra Ordinary General Meeting (EOGM) on May 29, 2025, at its registered office in Wah Cantt and virtually via video-link.

The notice, scheduled to appear in Business Recorder and Express on May 22, 2025, includes the candidacy of seven individuals for the director positions. The candidates include Lt. Gen. Tahir Hameed Shah, HI(M), Mr. Mats-Olof Rydberg, Maj Gen Mumtaz Hussain, HI(M), TBt, Maj Gen Muhammad Kashif Azad, HI(M), Mr. Usman Ali Bhatti, Mr. Tariq M. Rangoonwala, and Mr. Shahid Iqbal Baloch. All candidates being non-executive directors, with Mr. Rangoonwala and Mr. Baloch serving as independent directors.

According to Section 159(1) of the Companies Act, 2017, the number of candidates matches the board's fixed number of directors, resulting in an unopposed election. Hence, these candidates will assume their roles for a three-year term starting June 1, 2025.

The independent directors were selected based on their experience, competencies, diversity, skills, and knowledge, in compliance with Section 166 of the Act and related regulations.

According to information available from the Pakistan Stock Exchange (PSX), Wah Nobel Chemicals Limited falls under the chemicals market category. The company's adherence to regulatory frameworks and transparent election process highlights its commitment to corporate governance.