Lahore: First Capital Securities Corporation Limited has announced the uncontested election of its board of directors, set to take place during the company’s Annual General Meeting on October 28, 2025. The meeting will be held at 11:45 a.m. at First Capital House, located on M.M Alam Road in Gulberg III, Lahore.

According to the notification in pursuance of Section 159 (4) of the Companies Act, 2017, a list of candidates has been submitted for the election process. The individuals offering themselves for election include Mrs. Aamna Taseer, Mr. Shehryar Ali Taseer, Mr. Shahbaz Ali Taseer, Mr. Umair Fakhar Alam, Mr. Waqar Nisar, Miss Shehrbano Taseer, and Mr. Haider Sajjad, who is standing as an independent director.

Since the number of candidates corresponds exactly to the number of director seats available as outlined in Section 159(1) of the Companies Act, 2017, these individuals shall be deemed elected unopposed. This development indicates a straightforward and unchallenged election process for the company’s board.

According to information available from the Pakistan Stock Exchange (PSX), the election of directors is a standard procedure for listed companies, ensuring governance and compliance with the regulatory framework. This also reflects the company’s adherence to the statutory requirements set forth by the relevant authorities.

First Capital Securities Corporation Limited continues to operate within the designated market category, maintaining its compliance with the requisite corporate governance standards. The upcoming Annual General Meeting will formalize the election, reinforcing the company’s commitment to its stakeholders.