Karachi: The members of Tri-Star Mutual Fund Ltd have been formally notified of the upcoming election of directors, scheduled to take place at an Extra Ordinary General Meeting on September 04, 2026. This development, announced in a report dated August 28, 2026, is pursuant to Section 159(4) of the Companies Act, 2017.
The individuals who have filed their intention to stand for election include Mr. Asad Ahmad, Mr. Habib Jamal, Ms. Marium Aharnd, Mr. Jawed Ahmed Siddiqui, Mr. Tanvir Hasan, Mr. Mohammad Haroon Saeed, and Mr. Mohammad Lameer. As the number of candidates does not surpass the number of board positions available, these candidates will be deemed elected during the meeting.
According to information available from the Pakistan Stock Exchange (PSX), the announcement comes at a time of notable financial movements within the designated market category. The PSX data reflects a significant move, further underscoring the importance of these elections for the stakeholders of Tri-Star Mutual Fund Ltd.
This procedural election is set against a backdrop of financial scrutiny, as investors and members of the Fund anticipate the potential impact of the new board on the company's strategic direction.