Lahore: The Board of Directors at Ghazi Fabrics International Limited has announced a decision concerning the upcoming election of directors. In a meeting convened on September 11, 2026, in Lahore, the board resolved to set the number of directors to be elected at the forthcoming board election to seven.
The decision was made in accordance with Section 96 of the Securities Act, 2015, and Clause 5.6.1 (a) of the Pakistan Stock Exchange (PSX) Regulations. This move aligns with the regulatory requirements that govern corporate governance and transparency within the market.
According to information available from the Pakistan Stock Exchange (PSX), the announcement is part of the company's compliance with legal and regulatory frameworks. The board's decision indicates a structured approach to its forthcoming election, ensuring that stakeholders are informed as per the mandates of applicable laws and regulations.
Market participants and investors now await further details on the election process, which is set to shape the leadership and strategic direction of Ghazi Fabrics International in the foreseeable future.