Lahore: The election of Directors at Ghazi Fabrics International Limited is set to proceed without contest as seven candidates have been confirmed to fill the positions on the company's Board of Directors. This development follows the company's official announcement, in accordance with Section 159(4) of the Companies Act, 2017.

The Annual General Meeting (AGM) of Ghazi Fabrics International Limited is scheduled to take place on October 27, 2026, at 10:30 a.m. at The Noor Jahan Banquet Hall, located at 10-A, Aibak Block, Main Boulevard, New Garden Town, Lahore. The seven individuals who have filed their intention to run for the board positions are Mr. Mohammad Arshad, Mrs. Azra Yasmin, Mr. Kamran Arshad, Mr. Rizwan Arshad, Mrs. Wajeeha Haaris, Mr. Khawaja Waheed Raza, and Mr. Tahir Ikram Cheema.

According to the company, since the number of nominees matches the number of available board positions, these individuals will be automatically deemed elected at the upcoming AGM. This process adheres to the stipulations outlined in Section 159(1) of the Companies Act, 2017.

The Pakistan Stock Exchange lists Ghazi Fabrics International Limited, placing it within the designated market category. According to information available from the Pakistan Stock Exchange (PSX), the election process is a routine part of corporate governance aimed at ensuring effective oversight and strategic direction for the company.

The confirmed election of these directors reflects a streamlined procedure under the current regulatory framework, as no additional candidates have come forward to contest the board positions.