Karachi: The Board of Directors of Waves Home Appliances Limited, listed under the designated market category of miscellaneous information, has announced a key decision regarding its forthcoming Election of Directors. According to a report dated October 19, 2026, the company has fixed the number of directors to be elected at seven, in compliance with section 159 of the Companies Act, 2017. This election will cover a three-year term starting November 25, 2026.
The Board has further scheduled the Extraordinary General Meeting to occur on Wednesday, November 25, 2026, at its registered office. Notice of this meeting will be released in due course, providing stakeholders with the necessary details to prepare for the event.
According to information available from the Pakistan Stock Exchange (PSX), the announcement underscores the company's adherence to regulatory requirements and commitment to maintaining transparent governance practices. The forthcoming election and meeting are significant for the shareholders and the future strategic direction of Waves Home Appliances Limited.