Karachi: Pakistan Refinery Limited has officially announced the resignation of its Chairman and Independent Director, Mr. Tariq Kirmani, citing health grounds as the reason for his departure. The resignation, effective from October 9, 2026, was disclosed in accordance with Section 96 of the Securities Act, 2015 and Clause 5.6.1(a) of the Pakistan Stock Exchange (PSX) Regulations.

According to information available from the Pakistan Stock Exchange (PSX), Mr. Kirmani's departure marks a significant leadership change within the company. Mr. Kirmani had been serving as an Independent Director and Chairman of the Board of Directors, contributing to the oversight and strategic direction of Pakistan Refinery Limited.

The departure of Mr. Kirmani, whose leadership role was pivotal, is expected to prompt a search for a successor to occupy the vacant positions on the board. Pakistan Refinery Limited, operating within the designated market category of the energy sector, continues to navigate the challenges and opportunities present in the refining industry.

The company has not yet announced any immediate plans for appointing a new chairman or independent director to replace Mr. Kirmani. The board of directors is expected to convene to address the implications of this resignation and to ensure the continuity of governance and strategic oversight.