AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Islamabad, The Extraordinary General Meeting of Telecard Limited, which took place on Wednesday, 26 June 2024, concluded with the election of seven directors for a term of three years commencing from 29 June 2024.
According to the details released by the company, the election process was conducted in adherence to Section 159 of the Companies Act, 2017. The newly elected directors are expected to bring varied expertise to the board, contributing to the strategic guidance of the company. The list of elected directors includes Mr. S.M. Pervez Sadiq, Mr. Syed Aamir Hussain, Mr. Waseem Ahmad, Mr. Syed Imran Haider Jaffery, Mr. Asad Mujtaba Naqvi, Ms. Fabzia Ahsen, and Ms. Naueen Ahmed. Notably, the board reflects diversity with the inclusion of two female directors and an independent director.
According to information available from the Pakistan Stock Exchange (PSX), stakeholders and TRE Certificate Holders of the Exchange have been informed of these new appointments. The directors’ roles are pivotal in navigating the company through its future endeavors and ensuring compliance with regulatory requirements and corporate governance standards.
The meeting and its outcomes are seen as a significant step in the governance of Telecard Limited as it continues to advance its operational and strategic objectives.