Karachi: Following the Election of Directors during the Extraordinary General Meeting, Amreli Steels Limited announced the re-appointment of Mr. Abbas Akberali as the Chairman of the Board of Directors and Mr. Shayan Akberali as the Chief Executive Officer. The leadership appointments are set for a term beginning on 30 July 2024, spanning three years.

The company, a prominent entity listed on the Pakistan Stock Exchange, adheres to the stringent guidelines of the Securities Act, 2015, specifically Section 96 and 131, alongside Clause 5.6.1.(a) of the Rule Book of the Pakistan Stock Exchange Limited. According to information available from the Pakistan Stock Exchange (PSX), these appointments align with the regulatory frameworks ensuring compliance with exchange rules.

Stakeholders and TRE Certificate Holders have been notified of these leadership appointments, marking a continued era of governance under the Akberali stewardship, which is pivotal to the strategic direction of Amreli Steels Limited.