Karachi: Trust Securities & Brokerage Limited has declared the uncontested election of its board of directors, as disclosed in a notice dated March 25, 2026. The announcement follows the filing of notices by seven individuals expressing their intention to stand for election at the forthcoming Extraordinary General Meeting (EOGM) scheduled for April 1, 2026, at the company's registered office in Karachi.

The individuals who have filed for election include Mrs. Zenobia Wasif, Mr. Abdul Basil, Mr. Junaid Shehzad Ahmad, Mr. Khizer Hayat Farooq, Mr. Muhammad Shayan Ghayas, Mr. Muhammad Talha Razi, and Wing Commander (Retired) Talat Mahmood. Notably, Mr. Muhammad Talha Razi and WG CDR (R) Talat Mahmood are contesting as independent directors.

According to the Companies Act, 2017, specifically Section 159(1), the number of candidates matches the number of director positions fixed by the board, resulting in their automatic election. The notice further details that both independent director candidates, WG CDR (R) Talat Mahmood and Mr. Muhammad Talha Razi, satisfy the criteria set forth in Section 166(2) of the Companies Act, 2017, and comply with the regulations for independent directors.

According to information available from the Pakistan Stock Exchange (PSX), Trust Securities & Brokerage Limited operates within the designated market category, which remains unaffected by this internal election process. The formal induction of the directors will occur during the EOGM, marking the official commencement of their roles.