Karachi: Altern Energy Limited has announced the election of new directors following an Extraordinary General Meeting held on December 31, 2025, at the company’s registered office. The election, conducted in accordance with section 159 of the Companies Act, 2017, marks the beginning of a three-year term for the new board members, effective immediately.

The newly elected directors include Mr. Faisal Dawood, Mrs. Mehreen Dawood, Mr. Farooq Nazir, Mr. Muhammad Saqlain Arshad, Mr. Saqib Sajjad, Mrs. Aliya Saeeda Khan, and Syed Rizwan Ali Shah. Their election is seen as a strategic move to guide the company over the next few years.

According to information available from the Pakistan Stock Exchange (PSX), the announcement is part of the company’s ongoing efforts to strengthen its governance and align its leadership with market expectations.

The designated market category for Altern Energy Limited remains consistent with its commitment to delivering continued value and performance to its stakeholders. The company has urged the members of the exchange to take note of these developments as it moves forward with its new leadership team.