Karachi: Loads Limited has announced a change to its board of directors, appointing Ms. Zunaira Dar as a director effective July 15, 2025. This appointment replaces Mr. Shamim A. Siddiqui, according to a statement released by the company.

The company has requested that the Trading Right Entitlement Certificate (TREC) holders of the Exchange be informed of this development. The change in the board is part of the organization's ongoing efforts to bring in new leadership and perspectives.

According to information available from the Pakistan Stock Exchange (PSX), Loads Limited operates within the designated market category of automobile parts and accessories. The appointment marks a strategic development in the company's governance.

The board's decision underscores a focus on aligning leadership with the company's strategic goals. The company has not disclosed further details regarding the transition between Mr. Siddiqui and Ms. Dar.

This directorate change may influence the company's future direction and strategy within the automobile parts industry. Stakeholders and market participants will be observing the impact of this appointment on the company's operations and performance.