Karachi, Kohinoor Spinning Mills Limited, a leading textile company, has formally notified its shareholders of the forthcoming Extraordinary General Meeting scheduled for September 09, 2023, in Lahore. Pursuant to the provisions of Section 159(4) of the Companies Act 2017, a group of prominent individuals have expressed their intention to stand for election as directors of the company.

The nominees include Khawaja Mohammad Jahangir, Khawaja Mohammad Kaleem, Mr. Mohammad Naveed, Mr. Mohammad Hamza Yousaf, Ms. Aqsa Jahangir, Mr. Faisal Qaiyum, and Abbas Ali. Their profiles have been made accessible to shareholders through the official company website, www.kohinoorspinningmills.com.

These candidates have been meticulously chosen in compliance with the stipulations of Section 166 of the Companies Act, 2017, and the subsequent regulations. The selection criteria encompass their expertise, competencies, diverse skills, and knowledge in relevant fields.

Given that the number of contestants is within the limit determined by the Board of Directors as per Section 159(1) of the Companies Act 2017, all seven nominees are anticipated to be elected as directors without undergoing a formal voting process during the impending Extraordinary General Meeting. This proactive approach ensures a streamlined and efficient process for the election of the company's board members.