Karachi: Thatta Cement Company Limited has officially informed the Pakistan Stock Exchange (PSX) about the election of new directors. The disclosure was made following the company’s Annual General Meeting, held on October 15, 2024, which saw the election of seven members to its board for the next three years.

According to the letter addressed to the General Manager of the PSX, the newly elected directors include Mr. Khawaja Muhammad Salman Younis, Mr. Kamran Munir Ansari, Ms. Naheed Memon, Mr. Saleem Zamindar, Mr. Noor Muhammad, Mr. Alamuddin Bullo, and Ms. Shaista Bano Gilani. These appointments come as part of the regular governance and oversight responsibilities outlined by corporate regulations.

This announcement, made public through an official document from Thatta Cement, also noted that the list of directors has been forwarded not only to the Pakistan Stock Exchange but also to the Executive Director of the Enforcement Department of the Securities and Exchange Commission of Pakistan in Islamabad, ensuring compliance with regulatory frameworks.

According to information available from the Pakistan Stock Exchange (PSX), the election of these directors is a significant event as it involves individuals who are tasked with steering the company through the coming years amidst the dynamic challenges of the cement industry.

The company has advised other stakeholders and members of the PSX to update their records and acknowledge this new composition of the board, ensuring transparent communication and adherence to corporate governance standards.