Karachi: Dawood Lawrencepur Limited has formally announced the election of its directors in accordance with Section 159(4) of the Companies Act, 2017. The announcement, dated April 7, 2026, details the upcoming election process set to take place at the company’s Annual General Meeting (AGM) on April 15, 2026.

The notice, set to be published in the Business Recorder and Nawa i Waqt newspapers across Karachi, Lahore, and Islamabad on April 8, 2026, lists seven candidates who have expressed their intention to stand for election as directors. The candidates include Mr. Hussain Dawood, Mr. Abdul Samad Dawood, Ms. Sabrina Dawood, Mr. Ruhail Muhammad, Mr. Muhammed Amin, Mr. Shafiq Ahmed, and Mr. Sikander Hazir. Their profiles are available for public viewing on the company’s official website.

According to information available from the Pakistan Stock Exchange (PSX), the election process aligns with the guidelines outlined in the Companies Act. The notice specifies that, as the number of candidates matches the number of director positions set by the Board of Directors under Section 159(1) of the Act, the listed individuals will be automatically deemed elected. Their term will commence on April 15, 2026, and will span three years.

The selection of independent directors adheres to the criteria established under Section 166 of the Act and the relevant regulatory frameworks. The company has ensured compliance with all statutory requirements, providing transparency and clarity to its stakeholders.

Dawood Lawrencepur Limited’s decision to communicate this information to the TRE Certificate Holders of the Pakistan Stock Exchange underscores its commitment to corporate governance and regulatory compliance within the designated market category.