Lahore: In a recent development at Pak Elektron Limited, seven individuals have been elected unopposed as directors of the company. This election, held according to Section 159(3) of the Companies Act, 2017, will see these individuals assume their roles for a three-year term starting from the conclusion of the Extraordinary General Meeting scheduled for October 21, 2025.
The individuals who have been elected are 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. The meeting is set to take place at the company’s factory premises on Ferozepur Road in Lahore.
According to information available from the Pakistan Stock Exchange (PSX), this move aligns with the company’s procedural requirements, ensuring a seamless transition in leadership without the need for a contested election process.
As the new directors prepare to take on their responsibilities, the company’s stakeholders anticipate a steady continuation of governance and strategic oversight for the next term.