Karachi: Sardar Chemical Industries Limited has announced a significant change in its management structure, effective from April 29, 2025, as part of its ongoing efforts to realign its strategic vision. This change comes after the resignation of Mr. Niaz Ahmed Chughtai, who served as an Executive Director, from the Board of Directors on March 15, 2025.

In the wake of Mr. Chughtai's departure, Mr. Muhammad Amir Iqbal has joined the Board as an Executive Director. The restructured Board now comprises Mrs. Reema Ayaz as Chief Executive and Executive Director, alongside Mr. Iqbal. Additional board members include Mr. Abdul Rehman Qureshi and Mr. Aitzaz Ahmad Tarar as Independent Directors, Mr. Fayyaz Ahmed Khan as a Non-Executive Director, Mrs. Tayybah Mahmood Sadiq as a Female Director, and Mr. Shahid Aziz serving as the NIT Nominee.

According to information available from the Pakistan Stock Exchange (PSX), these changes are part of the company's broad strategy to enhance governance and operational efficiency. Stakeholders and TRE Certificate Holders have been duly informed of these developments in compliance with regulatory requirements.

Sardar Chemical Industries Limited operates within the designated market category of chemicals, focusing on various chemical products. The company is poised to continue its operations under the newly formed Board, seeking to capitalize on market opportunities and navigate industry challenges.