Karachi: Indus Motor Company Limited has announced that it will hold an Extraordinary General Meeting (EOGM) on October 30, 2026, at Avari Towers, Fatima Jinnah Road, Karachi. The meeting, scheduled to commence at 9:00 a.m., will offer members the option to participate via video-link, reflecting the company's commitment to accessibility and inclusivity.

During the meeting, shareholders will elect ten directors to the Board of Directors for a three-year term starting October 31, 2026. This election follows a decision made by the Board on August 29, 2026, in accordance with Section 159(1) of the Companies Act, 2017. The current directors, all eligible for re-election, include Mr. Mohamedali R. Habib, Mr. Shinji Yanagi, Mr. Ali Asghar Jamali, Mr. Muhammad H. Habib, Mr. Imran A. Habib, Mr. Giri Venkatesh, Mr. Shigeki Furuya, Mr. Asif Qadir, Mr. Riyaz T. Chinay, and Syeda Tatheer Zehra Hamdani.

In addition to the board elections, the meeting will also address any other business permitted by the Chairman. A Statement of Material Facts, as mandated by Section 166(3) of the Companies Act, 2017, has been attached to the notice and dispatched to company members.

According to information available from the Pakistan Stock Exchange (PSX), the scheduled meeting is a significant event for the company, providing an opportunity for stakeholders to influence the corporate governance and strategic direction of Indus Motor Company Ltd. The automotive sector in Pakistan, to which Indus Motor belongs, remains a critical component of the national economy, with significant implications for industry players and investors alike.