Lahore: Altern Energy Limited has announced the uncontested election of its Board of Directors, as per a notification released under Section 159(4) of the Companies Act, 2017. This announcement comes ahead of the company’s scheduled Extra Ordinary General Meeting set for December 31, 2025.
The individuals who have presented themselves for the election include Mr. Faisal Dawood, Mrs. Mehreen Dawood, Mr. Farooq Nazir, Mr. Muhammad Sacilain Arshad, Mr. Sagib Sajjad, Mrs. Aliya Saeeda Khan, and Syed Rizwan Ali Shah. With the number of candidates equalling the number of director positions available, these individuals will be automatically treated as elected.
According to information available from the Pakistan Stock Exchange (PSX), Altern Energy Limited operates within the designated market category of energy. This uncontested election is set to be formalized at the forthcoming meeting, which will take place at Deacon Headquarters, located at 18-km, Ferozepur Road, Lahore.
The meeting, scheduled to commence at 11:00 a.m., will further ratify the appointments of these directors, marking a significant event for the company as it continues its operations in the energy sector.