⚡ Flash Summary

D.G. Khan Cement Company Limited (DGKC) has announced the election of directors, scheduled to occur at the Annual General Meeting (AGM) on October 28, 2025. Notices of intention to contest the election have been filed by the listed members. The company is complying with Section 159(4) of the Companies Act, 2017, by circulating the notice to TRE Certificate holders. The elected directors will serve for a term of three years.

📌 Key Takeaways

• 📅 DGKC is holding elections for its board of directors at the AGM on October 28, 2025.
• 🏢 The AGM will be held at Emporium Mall, Trade and Finance Centre Block, Near Expo Centre, Abdul Haq Road, Johar Town, Lahore.
• 📜 The election complies with Section 159(4) of the Companies Act, 2017.
• ✉️ Notice has been given to members who have filed intentions to contest the election.
• 👤 Those elected will serve as Directors for the next three years.
• 👩‍💼 Nominees include Mrs. Naz Mansha in the Female category.
• 👨‍💼 Nominees under ‘Others’ include Mr. Raza Mansha, Mr. Khalid Niaz Khawaja, Mr. Farid Noor Ali Fazal, and Mr. Shahzad Ahmad Malik.
• 💼 Independent Director nominees are Mr. Shehryar Ahmed Buksh and Mr. Usama Mahmud.
• 🌐 Profiles of the nominees are available on the company website: www.dgcement.com.
• ✅ The independent directors have been selected based on their experience, competencies, diversity, skills, and knowledge in compliance with Section 166 of the Companies Act, 2017.
• ✉️ The number of members who have filed notices to contest the election does not exceed the number fixed by the Board of Directors (i.e. Seven).

🎯 Investment Thesis

The announcement is purely procedural and does not provide sufficient information to form a strong investment thesis. A neutral HOLD rating is appropriate pending further information on the company’s financial performance, strategic direction, and the impact of the new board. Price target and time horizon cannot be determined from this announcement.