ELECTION OF DIRECTORS
Addendum to Notice under section 159(4) of the Companies Act, 2017
Through this addendum to the notice under Section 159(4) of the Companies Act, 2017 for the elections of Directors published on Tuesday, 23 July 2024, members of the Company are hereby informed that Mr. Muhammad Kamran Saleem, who filed with the Company notice of his intention to contest election in "Other Directors" category, has voluntarily withdrawn his consent for the election of directors.
Now thereof, we hereby notify updated list of candidates who offered themselves for election as Director in the respective categories at the Extraordinary General Meeting of the Company to be held on Tuesday, 30 July 2024, at 10:00 a.m. at the Auditorium Hall of the Institute of Chartered Accountants of Pakistan (ICAP), located at Block - 8, Chartered Accountants Avenue, Clifton, Karachi -
Category | Number of Directors | Name of Candidate |
fixed by the Board in | ||
the category | ||
Female Director | One (1) | Ms. Mariam Akberali |
Ms. Nilofer Habib Shadan | ||
Independent Directors | Two(2) | Syed Asghar Jamil Rizvi |
Mr. Sohail Feroz Shamsi | ||
Other Directors | Four (4) | Mr. Abbas Akberali |
Mr. Shayan Akberali | ||
Mr. Hadi Abbas Akberali | ||
Mr. Zoeb Salemwala |
With this, the number of persons who have offered themselves to be elected in "Independent Directors" and "Other Directors" categories are not more than the number of Directors fixed by the Board of Directors of the Company under Section 159 (1) of the Companies Act, 2017, therefore at the forthcoming Extraordinary General Meeting, the Election of Directors will be held only for the "Female" category whereas the candidates in "Independent Directors" and "Other Directors" categories shall stand elected unopposed.
The Postal Ballot paper for election of directors with necessary changes has been placed on the website of the Company https://amrelisteels.com/.Members may download the ballot paper from the website. It is being circulated to the members along with this addendum.
25 July 2024
Karachi
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