Karachi: Cnergyico PK Limited has formally announced the election of its board of directors, scheduled for July 25, 2025. This development follows the company's compliance with Section 159(4) of the Companies Act, 2017, as communicated in a notice prior to its release in newspapers.

The announcement comes as the company gears up for its Extraordinary General Meeting in Karachi, where seven directors are set to be elected. The candidates for the board positions include Mr. Amir Abbassciy, Mrs. Uzma Abbasi, Mr. Usama Qureshi, Mr. Aumar Abbassciy, Mr. Mushtaq Malik, Lt. (R) Raja Muhammad Abbas, and Mr. Sami ul Haq Khilji. Notably, the number of candidates matches the number of available positions, allowing for an uncontested election.

Among the candidates, Mr. Mushtaq Malik, Lt. (R) Raja Muhammad Abbas, and Mr. Sami ul Haq Khilji are poised to serve as independent directors. They have been selected based on their competencies, diversity, skills, knowledge, and experience, in alignment with Section 166 of the Companies Act, 2017, and the Companies (Manner and Selection of Independent Directors) Regulation, 2018.

According to information available from the Pakistan Stock Exchange (PSX), Cnergyico PK Limited is actively engaged in the energy sector. This election marks a significant step in the company's governance, as it seeks to enhance its strategic direction with the expertise of its newly elected board.

Profiles of the candidates have been made accessible on the company's website, offering insights into the qualifications and backgrounds of those set to guide the company through its next phase.