Karachi: Packages Limited has officially announced the election of its board of directors, following the submission of candidatures from ten individuals. The election, which is set to take place during an Extraordinary General Meeting (EGM), is scheduled for Friday, June 19, 2026, at 11:30 a.m. at the Institute of Chartered Accountants of Pakistan (ICAP) Auditorium, located in Block 8 Clifton, Karachi.

The announcement was made in accordance with Section 159(4) of the Companies Act, 2017, as per a notice shared by the company. The notice, which will be published in the Business Recorder and Nawa-i-Waqt newspapers on Friday, June 12, 2026, provides details of the individuals who have declared their intention to stand for election.

According to information available from the Pakistan Stock Exchange (PSX), the candidates for the directorial positions include Syed Nyder Ali, Syed Shahid Ali, Mr. Hasan Askari, Mr. Atif Aslam Bajwa, Ms. Saba! Kamal, Mr. Shahid Malik, Syed Aslam Mehdi, Mr. Josef Meinrad Mueller, Mr. Sagheer Mufti, and Mr. Osman Khalid Waheed. The current number of candidates does not exceed the number of directors set by the board, thus all listed individuals are expected to be elected at the upcoming EGM.

This election process is in line with the requirements set forth under the PSX Rule Book and demonstrates Packages Limited's adherence to regulatory practices in their corporate governance. The designated market category for this announcement falls under corporate actions as outlined by the PSX.