Lahore: Crescent Jute Products Limited has announced an extraordinary general meeting scheduled for March 15, 2026, to elect a new board of directors. The meeting will take place at the company’s office located at 503-E, Johar Town, Lahore, commencing at 11:00 a.m. This event is set to elect seven directors who will serve for a three-year term in accordance with the Companies Act, 2017.

The current board of directors, consisting of Mr. Humayun Mazhar, Mr. Shahbaz Mazhar Karim, Mrs. Rijah Khurram Mazhar, Mrs. Neha Khurram Mazhar, Mr. Shameel Mazhar, Mrs. Zoya Mazhar, and Mr. Muhammad Asir, will be retiring but are eligible for re-election. Shareholders will have the opportunity to vote on the re-election of these individuals during the meeting.

According to information available from the Pakistan Stock Exchange (PSX), Crescent Jute Products Limited operates within the designated market category, playing a significant role in the textile sector. The company's board elections come at a crucial time as it seeks to steer its future direction amid evolving market conditions.

The extraordinary general meeting is an important corporate governance event, ensuring that the leadership of Crescent Jute Products Limited aligns with shareholder interests and statutory requirements.