Bestway Cement Limited Announces Uncontested Election of Directors

Karachi: Bestway Cement Limited has announced the names of individuals who have filed their candidacy for the position of director at the company's forthcoming Annual General Meeting, which is set to take place on August 31, 2026. The announcement comes in accordance with section 159(4) of the Companies Act, 2017.

The individuals who have expressed their intention to serve as directors are Sir Mohammed Anwar Pervez, Lord Zameer Mohammed Choudrey, Mr. Muhammad Irfan Anwar Sheikh, Mr. Dawood Pervez, Mr. Haider Zameer Choudrey, Ms. Fauzia Ahmad, Syed Asif Shah, and Mr. Tariq Rashid.

Since the number of candidates matches the number of director positions specified under Section 159(1) of the Companies Act, 2017, these individuals will be automatically considered elected at the upcoming meeting. According to information available from the Pakistan Stock Exchange (PSX), Bestway Cement Limited operates within the designated market category of cement manufacturing.

The date of this report is August 24, 2026, and the company has adhered to the necessary protocols in notifying its members about the election process. The smooth transition reflects the company's commitment to ensuring compliance with statutory regulations.