Lahore: In a procedural development for Lalpir Power Limited, notices of intention to contest the election of directors have been received from seven individuals, matching the number of board seats available. The individuals, Mian Hassan Mansha, Mr. Ahmad Aqeel, Mr. Muhammad Azam, Mr. Mahmood Akhtar, Mr. Inayat Ullah Niazi, Mr. Farrukh Ifzal, and Mrs. Hajra Arham, will be elected unopposed during the upcoming Annual General Meeting scheduled for April 27, 2026. This electoral outcome is in compliance with Section 159(1) of the Companies Act, 2017, which outlines the election process for directors.

The election will see these seven individuals assume their directorial roles for a term of three years, beginning on the date of the meeting. According to information available from the Pakistan Stock Exchange (PSX), the alignment between the number of candidates and available seats results in an unopposed election, a situation that simplifies the process and ensures continuity within the board.

A notice under Section 159(4) of the Companies Act, 2017 accompanies this announcement, serving as a formal communication to all involved parties. The procedural nature of this election emphasizes the stability and ongoing governance structure within Lalpir Power Limited. The company continues to operate within the designated market category of the energy sector, ensuring compliance and adherence to regulatory standards.