Karachi: Ghandhara Tyre and Rubber Company Limited has announced an Extraordinary General Meeting (EOGM) scheduled for August 31, 2026, as per a notice published in the combined editions of Daily "Business Recorder" and Daily "Nawa-i-Waqt" across Karachi, Lahore, and Islamabad. This meeting, set to commence at 11:00 a.m., will take place at the National Institute of Banking and Finance, formerly known as the Institute of Bankers Pakistan, located on M.T. Khan Road, Karachi. The meeting will also be accessible via electronic means and video link facilities.
The primary agenda of this EOGM, as outlined in the notice, includes the confirmation of the minutes from the 62nd Annual General Meeting held on October 28, 2025. Additionally, shareholders will elect nine directors to serve for a period of three years, commencing from the date of the meeting. This election is in accordance with the provisions of Section 159(1) of the Companies Act, 2017. The list of retiring directors eligible for re-election includes Lt Gen (R) Ali Kuli Khan Khattak, Mr. Ahmad Kuli Khan Khattak, Mr. Manzoor Ahmed, Syed Ahmed Iqbal Ashraf, Mr. Ikram-ul-Majeed Sehgal, Mr. Muhammad Kuli Khan Khattak, Mrs. Nazia Qureshi, Mr. Naeem Abdul Sattar, and Mr. Atif Anwar.
According to information available from the Pakistan Stock Exchange (PSX), the Ghandhara Tyre and Rubber Company Limited operates within the designated market category, with its business activities primarily focusing on the manufacturing and sale of tyres and rubber products. The forthcoming EOGM will address significant governance aspects, including the election of directors, which is crucial for ensuring the company's strategic direction and oversight.
The notice of the EOGM also includes a statement of material facts pursuant to Section 166(3) of the Companies Act, 2017, related to the election of directors. This document provides shareholders with essential information regarding the candidates standing for election, ensuring transparency and informed decision-making during the meeting.