Dhiraagu, has invited public shareholders to apply for the position of Public Director on its Board of Directors, with the election scheduled to take place at the company’s Annual General Meeting in April 2026.
According to the company’s press release issued on 22 February 2026, the Public Director represents minority public shareholders and is elected exclusively by shareholders who are not majority stakeholders. The successful candidate will serve from the AGM at which they are elected until the conclusion of the second subsequent AGM, effectively holding office for a two year term.
Eligible shareholders must submit the completed “Application Form for Public Director” along with supporting documents by 3:00 pm on Thursday, 12 March 2026. Applications can be delivered in a sealed envelope addressed to the Company Secretary at Dhiraagu Head Office on Ameenee Magu in Malé, or emailed to [email protected]. Application forms are available through Dhiraagu’s AGM webpage and at the Head Office from 5 February to 12 March 2026.
The company stated that its Board’s RNG Committee will conduct a structured evaluation process to review and shortlist candidates. Shortlisted applicants may be invited for interviews. Following Board approval, recommended candidates will be included in the AGM notice for shareholder voting.
Voting at the AGM will be determined by the highest number of votes received. Only shareholders attending in person, participating online, or represented by proxy will be eligible to vote. Each shareholder or proxy is entitled to one vote per share held.
Dhiraagu also underscored its commitment to strengthening gender diversity at board level and strongly encouraged qualified female shareholders to submit applications.
The announcement comes as Dhiraagu continues to reinforce corporate governance standards and shareholder engagement practices, in line with regulatory expectations for publicly listed companies in the Maldives.
