Karachi: Engro Powergen Qadirpur Limited has officially announced the resignation of Mr. Nadir Salar Qureshi from its Board of Directors, effective immediately. The company is now poised to address the vacancy created by this resignation.

According to information available from the Pakistan Stock Exchange (PSX), the resignation took effect without prior notice, prompting immediate procedural responses from the company. Engro Powergen Qadirpur Limited has affirmed that the process to fill the casual vacancy left by Mr. Qureshi will adhere strictly to regulatory requirements, ensuring compliance and continuity in its governance.

The Board of Directors is expected to appoint a new member in due course, with a selection process that aligns with the regulatory standards and the strategic needs of the company. This transition comes at a critical time as the company continues to navigate the complexities of the power generation sector.

Furthermore, TRE Certificate Holders of the Exchange have been informed about this significant change to ensure transparency and uphold market integrity.