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Lahore, In an Extraordinary General Meeting held on April 3, 2024, Azgard Nine Limited shareholders confirmed the minutes of the company’s Thirtieth Annual General Meeting and elected seven directors for a three-year term, as announced in financial disclosures to the Pakistan Stock Exchange. The meeting took place in Lahore, reflecting the company’s compliance with the provisions of the Companies Act, 2017.
The shareholders approved the minutes of the Thirtieth Annual General Meeting of Azgard Nine Limited, which was held on October 27, 2023. This confirmation underscores the continuity and adherence to corporate governance protocols.
In a significant move, the meeting saw the election of seven directors, fixed by the Board of Directors in accordance with Section 159(1) of the Companies Act, 2017. The elected directors, commencing their term from the date of the election, include Ms. Maliha Sarda Azam as a female director, Mr. Abid Hussain and Mr. Ihsan Ahmad as independent directors, along with Mr. Nasir Ali Khan Bhatti, Syed Hasan Akbar Kazmi, Mr. Usman Rasheed, and Mr. Zahid Mahmood in other categories. This election reflects the company’s commitment to diversified leadership and governance excellence.
The meeting concluded with the note that no other business was transacted, highlighting a focused agenda on confirming past minutes and electing a new board to steer the company through its next phase of development.