Peshawar: Cherat Packaging Ltd has announced the election of directors, with all candidates set to assume their roles unopposed, according to a notice provided to shareholders. The announcement comes ahead of the company’s Annual General Meeting scheduled for October 8, 2026, at 11:30 a.m., to be held at the company's registered office at Betani Arcade, Jamrud Road, Peshawar, Khyber Pakhtunkhwa.

The individuals listed for election include Mr. Akbarali Pesnani, Mr. Amer Faruque, Mr. Aslam Faruque, Mr. Shehryar Faruque, Mr. Arif Faruque, Mr. Abid Vazir, Mr. Sher Afzal Khan Mazari, Ms. Maleeha Humayun Bangash, and Mr. Muhammad Abdul Samie Cashmiri. As the number of candidates does not exceed the number of available director positions, they will be deemed elected unopposed, as stipulated under section 159 (1) of the Companies Act, 2017.

According to information available from the Pakistan Stock Exchange (PSX), Cherat Packaging Ltd is adhering to all regulatory requirements in the election process. The profiles of these candidates, which highlight their qualifications and competencies, are accessible on the company's website. This election process aligns with section 159 (4) of the Companies Act, 2017, ensuring transparency and compliance.

The designated market category for Cherat Packaging Ltd, as per the notice, remains unchanged, ensuring that certificate holders and stakeholders are informed through publications in both the Business Recorder (English) and Nawa-e-Waqt (Urdu) newspapers, dated September 30, 2026.

The selection of independent directors is based on their experience, skills, knowledge, and diversity, fulfilling the criteria established under section 166 of the Companies Act, 2017.