Karachi: Pak-Gulf Leasing Company Limited, during its extraordinary general meeting held on April 22, 2025, confirmed several significant resolutions.

The first resolution involved the reading and confirmation of the minutes from the company's 31st Annual General Meeting, which took place on October 24, 2024. The members resolved to read and confirm these minutes, ensuring that the proceedings from the previous meeting were accurately recorded and approved.

The central agenda of the meeting was the election of nine directors for a term of three years, in accordance with Section 159 of the Companies Act, 2017. The newly elected directors are Mr. Sohail Inam Ellahi, Mr. Pervez Inam, Brig. Naveed Nasar Khan (Retired), Mr. Ismail H. Ahmed, Ms. Naueen Ahmed, Mr. Jan Ali Khan Junejo, Mr. Naeem Ali Muhammad Munshi, Brig. Haris Nawaz (Retired), and Mr. Yousuf Jan Muhammad. Their appointments are subject to approval by the Securities and Exchange Commission of Pakistan.

According to information available from the Pakistan Stock Exchange (PSX), these resolutions mark an important step for Pak-Gulf Leasing Company Limited as it seeks to strengthen its governance structure and align with regulatory requirements.

The company is categorized under the designated market category for leasing companies within the financial sector. The newly appointed directors are expected to bring diverse experience and leadership to the company as it navigates the evolving financial landscape.