Candidate Withdraws from Berger Paints Pakistan Board Election, All Remaining Candidates to be Elected Unopposed

Karachi: Berger Paints Pakistan Limited has announced the withdrawal of Muhammad Zahid Mahmood, an independent director candidate for the upcoming election of directors, scheduled to take place at the company's Annual General Meeting on October 23, 2026. The announcement, made in compliance with Section 159 of the Companies Act, 2017, and the rules of the Pakistan Stock Exchange Limited, aligns with a previously published notice regarding the election.

According to information available from the Pakistan Stock Exchange (PSX), the withdrawal leaves seven candidates for seven available director positions on the board. Consequently, all remaining candidates will be elected unopposed during the upcoming meeting.

The candidates set to be elected include Mr. Maqbool H. H. Rahimtoola, Dr. Mahmood Ahmad, Mr. Tariq Ikram, Mr. Shahzad M. Husain, Ms. Roohi R. Khan, Mr. Illyas Sharif, and Mr. Zahid Majid. With the number of contesting candidates equal to the number of seats fixed by the board, the election process is effectively concluded with the unopposed election of these individuals.