Lahore: Pace (Pakistan) Limited, a prominent entity in the market category of real estate and development, conducted its Extraordinary General Meeting on July 27, 2026, at its headquarters in Lahore. The assembly resulted in the approval of several significant resolutions, confirming prior proceedings and electing new members to the board of directors.

The meeting commenced with the confirmation of the minutes from the last Annual General Meeting held on October 28, 2025. This confirmation was proposed by Mr. Syed Qurban Ali Shah and seconded by Mr. Muhammad Ashraf, resulting in unanimous approval from the shareholders.

A pivotal agenda item involved the election of seven directors, as determined by the board in accordance with Section 159 of the Companies Act, 2017. The directors elected to serve a three-year term starting from July 27, 2026, include Mrs. Aamna Taseer, Mr. Shehryar Ali Taseer, Mr. Shahbaz Ali Taseer, Miss Shehrbano Taseer, Mr. Umair Fakhar Alam, Mr. Sikander Rashid Choudry (Independent Director), and Mr. Shavez Ahmad (Independent Director). The proposal was put forth by Mir. Mian Rashid Iqbal and seconded by Rashid Majeed, with unanimous consensus achieved.

Additionally, the meeting authorized the Chief Executive or any director and/or the Secretary of the Company to fulfill all necessary corporate and regulatory obligations related to the resolutions passed.

These proceedings reflect the company's adherence to regulatory compliance as mandated by the Pakistan Stock Exchange. According to information available from the Pakistan Stock Exchange (PSX), the resolutions were duly recorded in the company's official Minutes Book, securing their legitimacy and future implementation.

The resolutions passed at this meeting underscore Pace (Pakistan) Limited's commitment to governance and strategic planning as it moves forward with its board's strengthened leadership.