Karachi: The Ghandhara Tyre and Rubber Company Limited has announced the election of its directors following the guidelines stipulated in Section 159(4) of the Companies Act, 2017. This announcement was made public through notices published in two newspapers, Daily "Business Recorder" and Daily "Nawa-e-Waqt," across Karachi, Lahore, and Islamabad on August 24, 2024.
The shareholders of Ghandhara Tyre and Rubber Company Limited have been informed that several individuals have expressed their intention to stand for election as directors at the forthcoming Extraordinary General Meeting (EOGM). The meeting is scheduled to take place on August 31, 2026, at 11:00 a.m. at the National Institute of Banking and Finance, M.T. Khan Road, Karachi.
The list of candidates, as detailed in the notice, 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, Mr. Muhammad Farooq Naeem, Syed Zafar Hussain Gardezi, and Mrs. Mehvish Waliany. As the number of candidates does not exceed the number of positions available, these individuals are deemed elected as directors at the upcoming EOGM.
According to information available from the Pakistan Stock Exchange (PSX), the Ghandhara Tyre and Rubber Company Limited is a key player in the manufacture and supply of automotive tyres and tubes. This election is a significant event for the company, as it sets the leadership team that will guide strategic decisions in the coming years.
The profiles of the aforementioned candidates have been made available on the company’s official website, offering stakeholders an opportunity to familiarize themselves with the new board members.