Ferozsons Laboratories Limited Announces New Board of Directors

RAWALPINDI: Ferozsons Laboratories Limited has announced the unopposed election of its board of directors, comprising seven individuals, in accordance with Section 159(4) of the Companies Act, 2017. This announcement comes ahead of the company's Extraordinary General Meeting (EOGM), scheduled for Friday, July 03, 2026, at Blue Lagoon, Masood Akhter Kiani Road, Rawalpindi.

The company revealed the names of the directors who will serve for the next three-year term starting on July 07, 2026. The directors are Mr. Osman Khalid Waheed, Mrs. Amna Piracha Khan, Mrs. Munize Azhar Peracha, Mr. Shahid Anwar, Mr. Arshad Saeed Husain, Mr. Suleman Ghani, and Dr. Parvez Kamal Khan.

As the number of candidates equaled the number of director positions fixed by the board under Section 159(1) of the Companies Act, 2017, these individuals are deemed elected without contest. Profiles of the newly elected directors are available on the company's website, offering stakeholders and interested parties detailed information about their qualifications and backgrounds.

This development is significant for stakeholders in the designated market category as it indicates stability and continuity in the management of Ferozsons Laboratories Limited. According to information available from the Pakistan Stock Exchange (PSX), the unopposed election reflects a routine procedural outcome within the organizational framework of the company.