Karachi: Indus Motor Company Limited has announced that its Board of Directors has set the number of directors to be elected at the forthcoming Extraordinary General Meeting (EOGM) to ten. This decision was made during the board meeting held on August 29, 2026, and aligns with Section 159(1) of the Companies Act, 2017.

The EOGM, scheduled for October 30, 2026, will see the election of these directors, who will then assume their roles for a three-year term starting from October 31, 2026. According to information available from the Pakistan Stock Exchange (PSX), this strategic move comes as part of the company's ongoing governance and operational framework.

The upcoming election is set to play a crucial role in shaping the future direction of Indus Motor Company, one of the key participants in Pakistan's automotive sector, classified under the designated market category. The decision to elect ten directors is in line with the company’s efforts to ensure robust governance and strategic oversight.