Karachi: Power Cement Limited has officially announced the resignation of Mr. Javed Kureishi, an independent director, from its board. The resignation, effective from October 10, 2024, was communicated to the Pakistan Stock Exchange Limited, as part of standard regulatory disclosures.
According to information available from the Pakistan Stock Exchange (PSX), Mr. Kureishi’s departure from the board is expected to be addressed by the appointment of a new director in due course, ensuring continuity and governance adherence within the company’s leadership structure.
The company has also informed TRE Certificate Holders of the Exchange about the resignation and subsequent steps to fill the vacancy. This communication is aligned with the company’s commitment to maintain transparency with its stakeholders regarding key management changes.