Lahore: Pak Elektron Limited (PEL) announced the election of seven directors to its board at an Extraordinary General Meeting held on October 21, 2025. The newly elected directors will serve a term of three years, commencing immediately from the date of the meeting, in alignment with Section 159 of the Companies Act, 2017.

The newly elected directors include Mr. M. Naseem Saigol, Mr. M. Murad Saigol, Mr. M. Zeid Yousuf Saigol, Syed Manzar Hassan, Mr. Muhammad Omer Farooq, Mrs. Sadaf Kashif, and Mr. Muhammad Kamran Saleem, who will also serve as the Chairman and Chief Executive Officer. The company also confirmed that Mr. Javed Siddique, appointed under Section 164 of the Companies Act, 2017, will continue to serve as a director as the NBP Nominee.

According to information available from the Pakistan Stock Exchange (PSX), Pak Elektron Limited falls within the designated market category, reflecting its impact on the industry and stakeholders. The company's strategic direction and governance are expected to be influenced by the newly elected board members, ensuring compliance with regulatory requirements and fostering corporate governance.