Karachi: In a recent corporate disclosure, S.G. Power Limited has officially announced a change in its board of directors. According to the notification dated July 2, 2026, the company informed stakeholders that Mr. Sohail Ahmed has ceased to be a director, effective April 1, 2026.
This development is part of the company's ongoing efforts to restructure its board and align with its strategic goals. The notification, directed to the TRE Certificate Holders of the Exchange, marks a significant transition in S.G. Power Limited's leadership.
According to information available from the Pakistan Stock Exchange (PSX), this change is crucial for the stakeholders as it reflects the corporate governance dynamics within the sector. The company, a notable entity within its designated market category, is expected to provide further details on subsequent appointments or restructuring in due course.
The notification did not specify the reasons behind Mr. Ahmed’s departure or whether a successor has been appointed. As the situation develops, shareholders and market analysts will be keenly observing the impact of this leadership change on the company's future direction and performance.