Islamabad: Mari Energies Limited has announced the election of its board of directors, scheduled during an Extraordinary General Meeting on June 20, 2025. This announcement follows notices filed by eight candidates expressing their intention to contest for director positions in accordance with Section 159 (3) of the Companies Act, 2017.

The candidates vying for positions include Lt Gen Anwar Ali Hyder HI(M) (Retd), Mr. Syed Bakhtiyar Kazmi, Mr. Faheem Haider, Mr. Qamar Haris Manzoor, Mr. Abid Niaz Hasan, Ms. Seema Adil, Ms. Ayla Majid, and Mr. Muhammad Yasir. The number of candidates exceeds the positions available, necessitating an election as per Section 159(5) of the Companies Act, 2017.

According to information available from the Pakistan Stock Exchange (PSX), the election process will adhere to the regulations set forth by the Companies (Postal Ballot) Regulations 2018. The company has made available a postal ballot paper and candidate profiles on its official website to facilitate informed voting by its members.

The designated market category for Mari Energies Limited will play a crucial role in the forthcoming elections, as stakeholders prepare to cast their votes. The results of this election will determine the composition of the board, influencing the company's strategic direction.