⚡ 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. The notice includes the names of candidates for different director categories: Female Director, Independent Directors, and Other Directors. Since the number of candidates is not more than the number of directors fixed by the board, the listed individuals are deemed to be elected.

📌 Key Takeaways

• 📅 Announcement relates to the election of directors at Ghani ChemWorld Limited (GCWL).
• 📜 Complies with Section 159(4) of the Companies Act, 2017.
• 🤝 Refers to the 1st Annual General Meeting (AGM) notice dated October 07, 2025.
• 🗓️ AGM is scheduled for October 28, 2025, at 11:30 a.m. 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.
• 🌐 Profiles of the candidates are available on the company’s website.
• ✅ Independent directors selected based on experience, skills, and compliance.
• 👍 Number of candidates does not exceed the number of director positions.
• ✔️ Candidates are deemed to be elected as directors.
• 📰 Information will be published in English and Urdu newspapers.

🎯 Investment Thesis

Based on the director election announcement, a HOLD recommendation is appropriate. The information is procedural and doesn’t provide insights into the company’s financial performance or strategic direction. Further financial data and strategic updates are needed for a more informed investment decision.