⚡ Flash Summary
AT-Tahur Limited has announced the upcoming election of directors, scheduled for October 27, 2025. The announcement is made pursuant to Section 159(4) of the Companies Act, 2017. Seven candidates have presented themselves for election, and since the number of candidates matches the number of director positions available, all candidates are ‘doomed to be elected’ at the Annual General Meeting. The announcement serves as a formal notification to the company members regarding the election process.
📌 Key Takeaways
- 🗳️ Election of directors at AT-Tahur Limited to occur on October 27, 2025.
- 🏢 The election is pursuant to Section 159(4) of the Companies Act, 2017.
- 📅 AGM scheduled for Monday, October 27, 2025, at 10:30 am.
- 📍 Location: 182-Abu Bakar Block, New Garden Town, Lahore.
- 👨💼 Seven candidates in total are standing for election.
- ✅ All seven candidates are expected to be elected.
- 📜 Candidates names announced: Mr. Abid Sattar, Mr. Aurangzeb First, Dr. Farzana Firoz, Mr. Jaz Nisar, Mr. Muhammad Masood Aslam, Mr. Rasikh Elahi, Syed Kashiful Hassan Shah.
- 🏢 The number of candidates equals the number of director positions.
- 📅 Notification date: October 16, 2025.
- 🏢 By order of the Board; Company Secretary.
🎯 Investment Thesis
Given the nature of this announcement, a HOLD recommendation is appropriate. The announcement is purely procedural and does not provide enough information to make an informed investment decision. Further financial data and strategic direction are needed to assess the company’s potential. A price target and time horizon cannot be determined based solely on this information.
Disclaimer: AI-generated analysis. Not financial advice.