Karachi: Mr. Abdul Aziz Khalid has resigned as a director from the Board of Hascol Petroleum Limited effective 01 August 2024.

Mr. Abdul Aziz Khalid, a long-serving member of the board, submitted his resignation on August 1, 2024. The company has communicated this change to all Trading Rights Entitlement Certificate (TREC) holders, signaling a significant shift in its leadership structure.

According to information available from the Pakistan Stock Exchange (PSX), this move comes as part of the ongoing updates and disclosures required by the exchange regulations. Hascol Petroleum has not yet announced a replacement or provided reasons for Mr. Khalid's departure.

The resignation marks a notable change in the governance of Hascol Petroleum, a leading player in the oil and gas industry of Pakistan.