United Brands Limited Directors to Assume Roles Following Uncontested Election

Karachi: United Brands Limited has announced the forthcoming election of its board members, scheduled for October 27, 2026, at their Annual General Meeting, to be held at Khorsheed Mahal, Avari Towers, Karachi, as well as via video conferencing.

On October 19, 2026, the company disclosed the names of seven individuals who have submitted their candidacy for election as Directors. These individuals are Mr. Munis Abdullah, Ms. Faiza Naeem, Mr. Omer Iqbal Awan, Mr. Zubair Razzak Palwala, Mr. Khurram Javaid, Mr. Abdul Samad, and Mr. Syed Qaiser Abbas Naqvi. Among them, Mr. Abdul Samad and Mr. Syed Qaiser Abbas Naqvi are designated as Independent Directors.

According to Section 159(4) of the Companies Act, 2017, since the number of candidates matches the number of Director positions set by the board, these individuals will automatically assume their roles for a three-year term. This development comes ahead of the company's Annual General Meeting, which will allow shareholders to engage with the board.

According to information available from the Pakistan Stock Exchange (PSX), United Brands Limited operates within a designated market category, reflecting its business operations and market presence. The PSX provides a framework for understanding the company's standing within the financial markets.

The election process and the subsequent assumption of roles by the designated directors will align with regulatory requirements, ensuring governance and leadership continuity within United Brands Limited. The company's stakeholders anticipate this election will further strengthen its strategic direction and corporate governance.