Service Industries Limited Announces Election of Directors for Next Term at Extraordinary General Meeting

Karachi, In compliance with Section 159(4) of the Companies Act, 2017, Service Industries Limited, a prominent name in the industrial sector, has disclosed the list of individuals who have put forward their candidacies for directorship in the company. The scheduled Extraordinary General Meeting on Thursday, August 03, 2023, at 10:00 a.m., will witness the election of directors who will steer the company's course for the next term.

The following individuals have formally expressed their intention to be considered for the position of directors at Service Industries Limited:

Mr. Arif Saeed

Mr. Muhammad Naeem Khan

Mr. Omar Saeed (Independent Director)

Mr. Hassan Javed

Mr. Shahid Hussain Jatoi

Chaudhry Saif Javed (Independent Director)

Mr. Ahsan Bashir

Mrs. Uzma Adil Khan

Mr. Adil Matcheswala (Female Independent Director)

With the number of candidates not exceeding the maximum number of directors stipulated by the Board in accordance with Section 159(1) of the Companies Act, 2017, all nine of the aforementioned candidates will be automatically elected as Directors for the upcoming three-year term.

Service Industries Limited, a significant player in the industry, holds a commitment to excellence and growth. The company's engagement with a diverse pool of candidates, including independent directors, underscores their dedication to bringing varied perspectives to the boardroom. The inclusion of an independent female director further showcases their commitment to gender diversity at the leadership level.