Karachi: Sanghar Sugar Mills Limited has announced plans to determine its Board of Directors through an election process, set to take place in the upcoming Extra Ordinary General Meeting. This development is in line with Section 159(1) of the Companies Act, 2017, which mandates the election of directors for corporate governance.

The board has resolved to set the number of directors at seven for the forthcoming term, which will commence on November 4, 2026, and extend for three years. The decision was made through a Circular Resolution, reflecting the company's adherence to statutory requirements.

According to information available from the Pakistan Stock Exchange (PSX), the necessary notices and further specifics regarding the election process will be disseminated as per legal stipulations. These communications will ensure that all TRE Certificate Holders of the Exchange are duly informed and aligned with the procedural requirements.

Sanghar Sugar Mills Limited, operating within the designated market category, continues to comply with regulatory frameworks to maintain transparency and accountability in its corporate practices. The forthcoming election is anticipated to uphold these principles, ensuring a structured and lawful transition in the company's governance structure.