Karachi: Hoechst Pakistan Limited has announced the election of a new board of directors following resolutions adopted at an Extraordinary General Meeting. The meeting, held on May 21, 2026, in Karachi and via video-link, confirmed the minutes of the company's 58th Annual General Meeting and elected nine directors for a term of three years, starting May 25, 2026.

The newly elected directors are Syed Babar Ali, Syed Hyder Ali, Mr. Arshad Ali Gohar, Mr. Salman Burney, Syed Anis Ahmad Shah, Mr. Imran Maqbool, Ms. Saadia Naveed, Ms. Iqra Sajjad, and Mr. Sajjad Iftikhar. The election process aligns with Section 159 of the Companies Act, 2017.

According to information available from the Pakistan Stock Exchange (PSX), Hoechst Pakistan Limited operates within the market category designated for pharmaceutical and chemical companies. The resolutions were carried out in accordance with Regulation 5.6.9 (b) of the PSX Rule Book, ensuring compliance with regulatory standards.

The election marks a new chapter for the company as the newly appointed board is set to commence its term, succeeding the outgoing board. The meeting's resolutions underscore the company's commitment to governance and adherence to statutory obligations.