Karachi: In a strategic move aligning with corporate governance requirements, Ghandhara Tyre and Rubber Company Limited has announced the unopposed election of nine directors at their Extraordinary General Meeting (EOGM) on Monday, August 31, 2026. The election comes in compliance with Section 159 of the Companies Act, 2017, and Clause 5.6.9 of the PSX Rule Book.
The elected directors include Lt Gen (R) Ali Kuli Khan Khattak, Mr. Ahmad Kuli Khan Khattak, Mr. Manzoor Ahmed, Syed Ahmed Iqbal Ashraf, Mr. Ikram ul Majeed Sehgal, Mr. Muhammad Kuli Khan Khattak, Mrs. Mehvish Waliany, Mr. Muhammad Farooq Nasim, and Syed Zafar Hussain Gardezi. Their term will commence from August 31, 2026, and continue for three years.
According to information available from the Pakistan Stock Exchange (PSX), this election marks a significant milestone for Ghandhara Tyre and Rubber Company Limited in maintaining a robust governance structure. The PSX is a designated market category for this company, emphasizing the importance of adherence to its rule book and related compliance measures.
The company's adherence to these regulatory requirements ensures a stable leadership framework, which is expected to guide the company through its next phase of growth and operational excellence. This development is part of the company's ongoing commitment to transparency and accountability in its corporate governance practices.