Karachi: Sanghar Sugar Mills Limited has announced a significant restructuring of its leadership and board committees following a recent board meeting. The meeting, held on November 6, 2026, led to the election of Mr. Ghulam Dastagir Rajar as Chairman of the Board of Directors, and the appointment of Mr. Ghulam Hyder as Chief Executive Officer, according to a company report dated November 6, 2026.

The Board of Directors also approved the appointment of Haji Khuda Bux Rajar as an Executive Director. These appointments are set for a three-year term starting from November 4, 2026, unless altered by unforeseen circumstances. Mr. Ghulam Hyder's monthly remuneration has been set at Rs. 1,852,000, while Haji Khuda Bux Rajar will receive Rs. 1,706,000 per month in addition to other benefits.

According to information available from the Pakistan Stock Exchange (PSX), the company's board meeting was held in compliance with the PSX Rule Book. The board also reconstituted its committees, reflecting a strategic restructuring aimed at enhancing corporate governance.

The newly elected board includes a diverse range of directors. Alongside Mr. Dastagir and Mr. Hyder, the board comprises Miss Misbah, Mr. Mehmood Alam, Engr. M. Abdul Jabbar, and Mr. Muhammad Qasim. The reconstitution of the board's committees was finalized, with Engr. M. Abdul Jabbar leading both the Audit Committee and the Human Resource & Remuneration Committee.

The Risk Management Committee will be chaired by Mr. Mehmood Alam, while Mr. Ghulam Dastagir will lead the Corporate Social Responsibility Committee. The Information Technology Steering Committee will be chaired by Mr. Ghulam Hyder.

This restructuring follows the election of directors at the company's extraordinary general meeting on October 31, 2026, with the new term commencing on November 4, 2026. The company is classified under the designated market category and is actively working towards aligning its operations with contemporary corporate governance frameworks.