⚡ Flash Summary
International Packaging Films Limited (IPAK) announced the election of its directors at the Annual General Meeting held on October 23, 2025. The elected directors will serve for a three-year term commencing from October 31, 2025. The announcement lists ten individuals who have been elected, including several independent directors. This corporate governance update is a routine procedure following the AGM and is being communicated to the Pakistan Stock Exchange.
📌 Key Takeaways
- 🗓️ Election of directors occurred on October 23, 2025.
- ⏳ The term for the newly elected directors is three years.
- 💼 The term commences on October 31, 2025.
- 👤 Mr. Muhammed Amin has been elected as director.
- 👤 Mr. Aftab Zahoor Raja has been elected as director.
- 👤 Mr. Naveed Godil has been elected as director.
- 👤 Mr. Arsalan Pirani has been elected as director.
- 👤 Ms. Saira Nasir (Independent) has been elected as director.
- 👤 Mr. Fazal ul Rehman has been elected as director.
- 👤 Mr. Saad Amanullah Khan (Independent) has been elected as director.
- 👤 Mr. Mushtaq Ali Tejani has been elected as director.
- 👤 Mr. Sarfaraz Ahmed Rehman (Independent) has been elected as director.
- 👤 Mr. Taimoor Iqbal has been elected as director.
- 🏢 The announcement was made by International Packaging Films Limited (IPAK).
- ✉️ Fahad Alam, Company Secretary, signed the announcement.
🎯 Investment Thesis
HOLD. The announcement is a routine corporate governance update and does not provide sufficient information to change the investment thesis. A comprehensive analysis of IPAK’s financials and strategic direction is needed before making a BUY or SELL decision. Price target remains unchanged pending further financial information.
Disclaimer: AI-generated analysis. Not financial advice.