Karachi: Chenab Limited has announced the resignation of Mr. Muhammad Faisal Latif from his position as a Director of the company, effective July 24, 2025. This development was communicated to the relevant stakeholders and is expected to result in a casual vacancy on the company's Board of Directors. The board plans to address this vacancy in due course.

This announcement comes as investors and market participants maintain their focus on Chenab Limited, a company listed under the designated market category on the Pakistan Stock Exchange (PSX). The company has assured stakeholders that it will inform the TRE Certificate Holders of the Exchange regarding this change.

According to information available from the Pakistan Stock Exchange (PSX), Chenab Limited's stock has witnessed a Minor move following the announcement. The company, which operates in a competitive market environment, continues to navigate the challenges and opportunities presented by the current economic landscape.

Market analysts will be closely monitoring how Chenab Limited manages this transition period and the subsequent impact on its corporate governance and business operations. The appointment of a new director is anticipated and will be awaited by both investors and industry observers.