Karachi: Fecto Cement Ltd has announced a series of significant changes in its board leadership and independent directors, marking a pivotal moment for the company. As of January 14, 2026, Mr. Aamir Ghani and Mr. Mohammad Anwar Habib have resigned from their positions as Independent Directors, including their roles as Chairman of the Board and Committees, respectively.

In response to these resignations, the Board of Directors has appointed Mr. Safdar Abbas Morawala and Mr. Ahmed Mujtaba Memon as Independent Directors, effective immediately. These appointments are made in accordance with Section 166 of the Companies Act, 2017, utilizing the Data Bank of Independent Directors. The new Independent Directors will serve for the remainder of the current term.

Additionally, Mr. Jamil Ahmed Khan has been named as the new Chairman of the Board, succeeding Mr. Aamir Ghani. According to information available from the Pakistan Stock Exchange (PSX), these changes are a part of Fecto Cement Ltd’s ongoing efforts to strengthen its governance structure.

The company has requested that this information be disseminated to the certificate holders of the exchange to ensure transparency and compliance with market regulations. The updates reflect Fecto Cement Ltd’s commitment to maintaining robust corporate governance practices.