⚡ Flash Summary
Ghani ChemWorld Limited (GCWL) has announced the election of directors according to Section 159(4) of the Companies Act, 2017. The announcement refers to the upcoming Annual General Meeting (AGM) scheduled for October 28, 2025. A list of candidates for various director categories, including female, independent, and other directors, has been provided. Since the number of candidates does not exceed the number of director positions, the listed individuals are deemed to be elected. The announcement was made on October 17, 2025, and published in both English and Urdu newspapers.
📌 Key Takeaways
- 📅 GCWL’s director election notice was issued on October 17, 2025.
- 📜 The election adheres to Section 159(4) of the Companies Act, 2017.
- 🗓️ The election will take place at the AGM on October 28, 2025, at 11:30 a.m.
- 🏢 The AGM will be held at the registered office in Lahore.
- 👩💼 Mrs. Saira Farooq is the candidate for the Female Director category.
- 🧑💼 Mr. Mahmood Ahmad and Hafiz Imran Lateef are candidates for Independent Directors.
- 🧑💼 Mr. Masroor Ahmad Khan, Mr. Atique Ahmad Khan, Hafiz Farooq Ahmad, and Ms. Hafsa Masroor are candidates for Other Directors.
- ✅ The number of candidates is not more than the number of director positions.
- ✔️ The listed individuals are deemed to be elected as Directors.
- 🌐 Director profiles are available on the company’s website.
- 📰 The announcement is also published in English and Urdu newspapers.
- 🏢 GCWL’s corporate office is in Lahore.
- 🏢 Marketing office is in Karachi.
- 🏭 Plant is in Hattar Special Economic Zone.
- ✔️ GCWL is ISO 9001:2015, ISO 14001:2015 & ISO 45001:2018 certified.
🎯 Investment Thesis
Based solely on this director election announcement, a HOLD recommendation is appropriate. There is no fundamental change in the company’s financials or operations implied by this event to warrant a change in investment stance. Further analysis would require financial performance data.
Disclaimer: AI-generated analysis. Not financial advice.