Lahore: In a significant announcement to the stakeholders, Big Bird Foods Limited has officially declared the schedule for its forthcoming director elections, slated for October 28, 2024, at Lahore. The company, listed under Pakistan Stock Exchange, has confirmed the nominations of candidates across three categories in compliance with section 159(4) of the Companies Act, 2017.

The candidates include Mr. Abdul Basit, Mr. Muhammad Mustafa Kamal, Mr. Abdul Karim, Mr. Salman Basit, Mr. Mohammad Ahmad Kamal, and Mr. Muhammad Aleem under the general directors category. The female director category includes a single nomination, Mrs. Saadia Karim. Meanwhile, the independent directors' slate is comprised of Mr. Tariq Hamid, Mr. Muhammad Tabassum Munir, and Mr. Asghar Ali. According to information available from the Pakistan Stock Exchange (PSX), this election follows a requisition from shareholders under section 162 of the Act, indicating a proactive engagement from the company’s investor base in governance matters.

Company Secretary and Head of Legal, Muhammad Riaz, in official correspondence, requested the assistance of the Pakistan Stock Exchange to disseminate this information to the TRE certificate holders and ensure transparency and proper stakeholder communication in the election process.

The outcome of these elections will determine the leadership direction of Big Bird Foods Limited, a prominent player in the food industry, as they continue to navigate market dynamics and foster growth.