Karachi: Sakrand Sugar Mills Limited has announced a significant change in its board of directors, effective as of September 23, 2026. The company confirmed that Mr. Ahsan Mukhtar has tendered his resignation from his position as Director, effective September 22, 2026. In his place, Mr. Syed Zameer Haider Jaffri has been appointed as the new Director, commencing his role immediately.

The company has requested that the TRE Certificate Holders of the Exchange be informed of this transition accordingly. This leadership change comes as the company continues to navigate the complexities of the sugar industry, amid an environment of stable market conditions.

According to information available from the Pakistan Stock Exchange (PSX), market activity surrounding Sakrand Sugar Mills Limited has shown a consistent pattern with no immediate fluctuations impacting the company's standing or stock performance due to the recent director change.

The sugar sector remains a critical component of Pakistan's agricultural and economic landscape, and leadership transitions such as this are closely monitored by industry stakeholders. Sakrand Sugar Mills Limited's management emphasizes its commitment to maintaining operational continuity and strategic focus under the new directorship of Mr. Jaffri.