Lahore: Data Agro Limited has officially notified its shareholders and the Pakistan Stock Exchange (PSX) of the upcoming election of directors scheduled for October 28, 2024. According to information available from the Pakistan Stock Exchange (PSX), the election will take place during the company's Annual General Meeting (AGM) at Lahore.
In accordance with Section 159(4) of the Companies Act, 2017, the company has announced that the following candidates have been slated for election: Mr. Faaiz Rahim Khan, Mr. Salim Husain, Mr. Saad Rahim Khan, Mr. Anwar Ul Haq, Mrs. Saman Ghazi Khan, Mr. Shahzad Ullah Khan, and Mr. Tariq Mahmood Hassan Butt. These candidates, including two independent directors and one female director, have been selected based on their experience, competencies, diversity, skills, and knowledge, meeting the criteria mandated under Section 166 of the Act and relevant regulations.
Given that the number of nominees does not exceed the positions available, these candidates are set to be elected unopposed, marking a seamless transition in leadership for the next three-year term. Profiles and further details regarding the candidates have been made available on the company's official website.