Karachi: Dawood Lawrencepur Limited has announced a leadership change, with Mr. Mohammad Shamoon Chaudhry resigning from his role as Chief Executive Officer and Director. This change will take effect on May 16, 2025.

The Board of Directors of Dawood Lawrencepur Limited has appointed Mr. Muhammad Bilal Ahmed as the new Chief Executive Officer and Director, also effective from May 16, 2025. This transition marks a significant leadership change for the Company.

According to information available from the Pakistan Stock Exchange (PSX), the announcement impacts the designated market category and requires notification to the TRE Certificate Holders of the Exchange.

The Company is proceeding with the formalities related to this transition, ensuring all stakeholders are informed of the changes in its executive leadership.