Baluchistan: Baluchistan Wheels Limited has announced the outcomes of its Extra-Ordinary General Meeting, which took place on May 17, 2025, at its registered office in Baluchistan. The meeting, convened to address ordinary business, saw the confirmation of prior meeting minutes and the election of a new board of directors. The resolutions passed at the meeting will be disseminated to the TRE Certificate Holders of the Exchange.

The assembly confirmed the minutes from the Annual General Meeting of Baluchistan Wheels Limited held on September 21, 2024. This resolution was adopted without objection, formalizing the proceedings of the previous annual meeting.

A significant agenda item at the meeting was the election of nine directors to the company's board for a term of three years starting from May 17, 2025. The newly elected directors include Mr. Razak H.M. Bengali, Mr. Muhammad Siddiqui Misri, Mr. Muhammad Irfan Ghani, Mr. Muhammad Salman Husain Chawala (Nominee-NIT), Mrs. Saba Nadeem, Mr. Anis Wahab Zuberi, Mr. Muhammad Javed, Mr. Irfan Ahmed Qureshi, and Mr. Sajid Nadri.

According to information available from the Pakistan Stock Exchange (PSX), Baluchistan Wheels Limited operates within a designated market category and has now fortified its leadership with a diverse array of directors, including independent and female directors. This strategic election aims to steer the company through its upcoming business cycle and operational challenges.

The election process adhered to the provisions of Section 159 of the Companies Act, 2017, ensuring compliance with regulatory requirements. The company's stakeholders anticipate that the newly appointed directors will contribute significantly towards the growth and governance of Baluchistan Wheels Limited over the next three years.