Peshawar: In an upcoming corporate development, Khyber Tobacco Company Limited has announced the unopposed election of its new directors. The company has released an official report dated July 17, 2026, detailing the election process and the candidates' names. This follows the legal framework set out by Section 159(4) of the Companies Act, 2017.

The Extraordinary General Meeting (EGM) scheduled for Thursday, July 23, 2026, will serve as the formal occasion for the election. However, the process has already been simplified as the number of candidates aligns precisely with the directorship positions available, as determined by the Board under Section 159(1) of the Companies Act, 2017. Consequently, Mrs. Samera Irfan, Mrs. Sonia Farooq, Mr. Pir Waris Shah, Mr. Rahat Ullah, Barrister Shahzad Javed Panni, Mr. Khalil Ur Rehman, and Mr. Zia Ur Rehman will assume their roles without contest.

According to information available from the Pakistan Stock Exchange (PSX), the notification of these appointments aligns with the procedural norms of corporate governance and ensures transparency in the election process. This development is situated within the designated market category, pertinent to stakeholders and investors associated with the company.

The company has directed the relevant information to the TRE Certificate Holders of the Exchange, maintaining open communication channels with regulatory entities and shareholders. This move underscores Khyber Tobacco Company's compliance with statutory obligations while facilitating a seamless transition in its leadership team.