Karachi: Waves Corporation Limited has announced the uncontested election of its board of directors, as communicated in a report dated August 5, 2026. The election is set to take place during an Extraordinary General Meeting scheduled for August 11, 2026, at the company's registered office.

Seven individuals have filed notices of their intention to stand for election as directors of the company, as stated under Section 159(4) of the Companies Act, 2017. The candidates are Mr. Haroon Ahmad Khan, Mr. Moazzam Ahmad Khan, Mrs. Nighat Haroon Khan, Mr. Hamza Ahmad Khan, Mr. Tajammal Hussain Bokharee, Mr. Khalid Azeem, and Mr. Muhammad Zafar Hussain.

The company's board of directors has set a fixed number of director positions under Section 159(1) of the Companies Act, 2017. With the number of candidates matching the number of available positions, the aforementioned individuals are deemed elected for a three-year term beginning August 11, 2026.

According to information available from the Pakistan Stock Exchange (PSX), Waves Corporation Limited is categorized under the designated market category, which aligns with its operational activities and governance structure. The seamless election process reflects the company's adherence to statutory requirements and its commitment to transparent governance practices.