Karachi: Dadex Eternit Limited has confirmed the unopposed election of its board of directors, as specified in a report dated October 19, 2026. The election is part of the procedures outlined in Section 159(4) of the Companies Act, 2017, with the company's Annual General Meeting scheduled to occur on October 27, 2026, at Dadex House, Karachi.

The candidates for election include Mr. Sikander Dada, Mr. Shahzad Mumtaz Husain, Mr. Hussain Dada, Mr. Khawaja Samiullah Askari, Mrs. Amber Ahmed Motiwala as a female director, and two independent directors, Mr. Moin Mohammed Fudda and Ms. Sadia Rauf. The profiles of these candidates are available on the company's website, providing detailed insights into their qualifications and compliance with the Companies Act and relevant regulations.

According to information available from the Pakistan Stock Exchange (PSX), the candidates for the board have been selected based on their experience, skills, and adherence to regulatory requirements. The independent directors were chosen for their competencies and diversity, as mandated by the Companies (Manner and Selection of Independent Directors) Regulations, 2018.

The board of directors had previously fixed the number of directors at seven, and since the number of candidates is equal to this number, they will be deemed elected unopposed. The newly elected directors will serve a tenure of three years, starting from the date of the election.