Baluchistan Wheels Limited Publishes Director Election Notice Under Companies Act, 2017

Karachi: Baluchistan Wheels Limited has disseminated a notice concerning the election of directors in compliance with Section 159 (4) of the Companies Act, 2017. The notice, published on Saturday, May 10, 2025, has been made available through The Nation, an English-language newspaper, and Nawa-e-Waqt, a prominent Urdu-language newspaper.

The company has issued this notice as part of its adherence to Clause 5.6.9 of the Rule Book of the Pakistan Stock Exchange. This clause requires the company to circulate such information among its Trading Right Entitlement Certificate (TREC) holders.

According to information available from the Pakistan Stock Exchange (PSX), the notice serves as an official communication to stakeholders about the upcoming election process for the company's board of directors. This process is crucial for maintaining governance and operational continuity at Baluchistan Wheels Limited.

TREC holders and other stakeholders are encouraged to review the published notice for detailed information regarding the election proceedings. The notice is intended to ensure transparency and compliance with regulatory requirements, as stipulated in the Companies Act, 2017.