Lahore: Lalpir Power Limited announced a significant change in its Board of Directors as Mr. Amir Mahmood resigned from his position, effective December 29, 2025. The company appointed Mr. Farrukh Ifzal to fill the resulting vacancy, with his appointment effective from December 31, 2025.

According to information available from the Pakistan Stock Exchange (PSX), this transition is a part of the company’s efforts to maintain robust leadership and governance. The updated list of directors now includes Mr. Farrukh Ifzal, joining Mian Hassan Mansha, Zaheer Ahmad Ghanghro, Mahmood Akhtar, Muhammad Azam, Inayat Ullah Niazi, and Hajra Arham. Mian Hassan Mansha continues to serve as the Chairman, with Mahmood Akhtar holding the position of Chief Executive Officer.

This development comes at a time when companies in the designated market category are focusing on strategic leadership changes to ensure sustained growth and stability. Lalpir Power Limited has communicated these changes to the certificate holders of the exchange, ensuring transparency and compliance with regulatory requirements.