Lahore: EcoPack Limited has officially appointed Mr. Hussain Jamil as its Chief Executive Officer, with his term extending until October 2025. This key appointment aligns with the company’s strategic vision and follows the ratification of Mr. Jamil's actions since his initial role as acting CEO since February 2023.

In a move to bolster its market position, the Board of EcoPack Limited has also approved significant capital expenditure for the acquisition of a new PET bottle blowing line. According to information available from the Pakistan Stock Exchange (PSX), this enhancement is set to increase the company’s bottle production capacity by an estimated 22%.

The announcement came during a recent board meeting where further strategic decisions were made, including a proposal to double the authorized share capital of the company. The board recommended to the upcoming Annual General Meeting (AGM) an increase from Rs. 500 million to Rs. 1 billion, through the addition of 50 million shares valued at Rs. 10 each.

These decisions are part of a broader agenda aimed at scaling operations and driving growth, ensuring EcoPack Limited remains at the forefront of innovation within the packaging industry.