Agha Steel Industries Sets New Directorship Composition Ahead of AGM in Compliance with SECP Notification.

Karachi -- Agha Steel Industries Limited, a leading player in the steel manufacturing industry, has announced a new composition for its board of directors for the upcoming term of three years. This decision was made through a circular resolution dated September 09, 2023, and aligns with the requirements outlined in the SECP Notification S.R.O. 906(1)1 2023 dated July 07, 2023.

The board of directors has decided to set the number of directors at seven (07) who will be elected in the forthcoming Annual General Meeting (AGM) of the company. This determination is in accordance with Section 159(1) of the Companies Act 2017, demonstrating the company's commitment to adherence to regulatory guidelines and corporate governance standards.

The new board composition reflects a well-balanced representation, ensuring diversity and independence in line with the SECP notification. The categories of directors for the upcoming term are as...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT