Karachi: AKD Hospitality Limited has announced the unopposed election of its Board of Directors, as per a notice issued under Section 159 (4) of the Companies Act, 2017. This development follows the submission of requisite documentation by seven candidates who expressed their intention to serve as Directors at the upcoming Annual General Meeting, scheduled for October 27, 2026.

The candidates, who have filed their nominations, include Ms. Huma Khurram Rashid Paracha, Mr. Nadeem Saulat Siddiqui, Mr. Kanwar Adeel Zaman, Mr. Aamir Nazir Dhedhi, Ms. Uzma Paracha as a Female & Independent Director, Mr. Mian Asif Maqboo Sukhera as an Independent Director, and Mr. Muhammad Qasim as an Independent Director. The Annual General Meeting will take place at 11:00 a.m. at the 5th Floor, Continental Trade Centre, Block 8, Clifton Karachi.

According to information available from the Pakistan Stock Exchange (PSX), the election process adheres strictly to the regulations stipulated by relevant authorities. The independent directors have been chosen based on their experience, competencies, diversity, skills, and knowledge, in line with the requirements of Section 166 of the Companies Act, 2017, and the Companies (Manner and Selection of Independent Directors) Regulations, 2018.

As the number of candidates matches the number of positions available on the Board of Directors, the nominees are to be declared elected unopposed. Their term will officially commence on October 25, 2026, and will last for a period of three years. Detailed profiles of the candidates are accessible on the company's official website.