Karachi: Fauji Foods Limited has announced a significant change in its board of directors following the resignation of Mr. Arif ur Rehman. Mr. Jahangir Piracha has been appointed as the new Director of the company, effective March 21, 2025. This change comes shortly after Mr. Rehman stepped down from his position on March 18, 2025.
The announcement was made in an official communication to the relevant stakeholders, emphasizing the transition and the immediate effect of the new appointment. Fauji Foods Limited, operating in the designated market category, is expected to continue its operations seamlessly under the guidance of its newly appointed director.
According to information available from the Pakistan Stock Exchange (PSX), this change in directorship is part of the company's ongoing efforts to realign its leadership and strategic direction. Stakeholders and TRE Certificate Holders of the Exchange have been duly informed of this development.
The appointment of Mr. Piracha is viewed as a strategic decision aimed at reinforcing the company's leadership structure, ensuring that it remains on its course of delivering its commitments to shareholders and customers.