Lahore: Mughal Iron & Steel Industries Limited has announced that seven individuals will serve as directors for the company following an uncontested election process. The election, which is governed by the Companies Act, 2017, will be conducted at the company's Annual General Meeting (AGM) on October 28, 2025, at the Avari Hotel in Lahore.

The individuals who have filed to offer themselves for election include Mr. Mirza Iqbal, Mr. Khurram Javaid, Mr. Jamshed Iqbal, Mr. Muhammad Mateen Jamshed, Mrs. Samina Jamshed, Mr. Shoaib Ahmad Khan, and Mr. Muhammad Aslann Bhatti. Since the number of candidates does not exceed the number of available board positions, all seven candidates are deemed elected for a term of three years.

According to information available from the Pakistan Stock Exchange (PSX), Mughal Iron & Steel Industries Limited is a key player within its market category. The company's announcement, in compliance with Section 159(4) of the Companies Act, 2017, also stated that notices of the directors' election would be published in Business Recorder and Nawa-e-waqt newspapers on October 16, 2025.

The profiles of the newly elected directors have been made available on the company's website. The independent directors were selected from the data bank maintained by the Pakistan Institute of Corporate Governance (PICG) based on their competencies, skills, and experience, in line with Section 166 of the Companies Act, 2017, and the Companies (Manner and Selection of Independent Directors) Regulations, 2018.