Kot Addu Power Sets Director Count for Upcoming Election

Multan: Kot Addu Power Company Limited (KAPCO) has determined that its Board of Directors will consist of eight members for the forthcoming directors’ election. The decision is set to be finalized at the Extraordinary General Meeting (EGM) scheduled for October 2, 2024, pending approval of changes to the company’s Articles of Association.

According to information available from the Pakistan Stock Exchange (PSX), the determination of the board size precedes significant amendments to governance structures, emphasizing the strategic planning underway at KAPCO. The announcement also instructed TRE Certificate Holders on the Exchange to update their records to reflect this governance structure decision.

This move aligns with KAPCO’s efforts to streamline its management and enhance operational oversight as the company approaches critical developmental phases. The finalized number of directors aims to support effective decision-making and strategic alignment across the company’s higher echelons.

The post Kot Addu Power Sets Director Count for Upcoming Election appeared first on .