Rawalpindi: Fauji Fertilizer Company Limited has officially announced the election of directors, scheduled to take place at the Extraordinary General Meeting (EGM) on October 8, 2024. The meeting will be held in Rawalpindi and will also be accessible via electronic means.

Notice has been issued under Section 159(4) of the Companies Act, 2017, confirming the candidacy of twelve individuals for the director positions. According to information available from the Pakistan Stock Exchange (PSX), the list includes several notable retired military officers and business professionals. The candidates are Lt Gen Anwar Ali Nyder (Retd), Syed Bakhtiyar Kazmi, Mr. Qamar Haris Manzoor, Mr. Mazhar Abbas Hasnani, Maj Gen Aneeq Ur Rehman Malik (Retd), Mr. Yassir Ghiyati Ibn Ziyad, Mr. Shoaib Javed Hussain, Mr. Saif Anjum, Mr. Saad Amanullah Khan, Ms. Maryam Aziz, Dr. Shamshad Akhtar, and Mr. Farhad Shaikh Mohammad.

The total number of nominees matches the number of director positions set by the board, including a seat reserved for a government nominee, as stipulated under Section 159(1) of the Companies Act, 2017. This alignment means that these candidates will be automatically elected to their positions during the EGM, barring any unforeseen circumstances.

The election process is a significant event for Fauji Fertilizer Company Limited, as it impacts leadership and strategic directions. The company's commitment to following statutory guidelines and the transparent listing of all nominees reflects its adherence to corporate governance standards.