Pervez Ahmed Consultancy Services Announces Director Elections for 2024 Term

Islamabad: In a significant corporate update, Pervez Ahmed Consultancy Services Limited has scheduled the election of its board directors for the forthcoming term. Set to commence on October 28, 2024, the election will fill seven directorial positions as mandated by Section 159(1) of the Companies Act, 2017.

During the board meeting held on Saturday, September 21, 2024, it was resolved that the election will be held to appoint directors for a three-year term. According to information available from the Pakistan Stock Exchange (PSX), the designated market category for Pervez Ahmed Consultancy Services Ltd. will be instrumental in the forthcoming electoral process.

The company has notified TREC holders and all stakeholders concerned of the upcoming elections, underscoring its commitment to compliance and governance. This election follows the regulatory framework laid out in the Companies Act, ensuring a transparent and structured selection of its board’s leadership.

Further details regarding the nominees and the election process are expected to be disclosed to the shareholders and the broader investment community as the election date approaches.

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