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Karachi: Amreli Steels Limited has successfully elected seven directors to its board during an Extraordinary General Meeting held on 30 July 2024.
In a significant corporate update, Amreli Steels Limited has declared the election of seven new directors at its Extraordinary General Meeting. The newly elected board members will serve for a term of three years commencing from 30 July 2024. According to information available from the Pakistan Stock Exchange (PSX), the meeting took place in Karachi, marking a pivotal moment in the company’s governance.
The elected directors include two independent directors: Syed Asghar Jamil Rizvi and Mr. Sohail Feroz Shamsi. They are joined by Mr. Abbas Akberali, Mr. Shayan Akberali, Mr. Hadi Abbas Akberali, and Mr. Zoeb Salemwala, who will serve as other directors. Additionally, Ms. Mariam Akberali has been appointed as the female director, enhancing the board’s diversity.
These appointments have been formally communicated to the certificate holders of the exchange, ensuring transparency and adherence to corporate governance standards.