Karachi: Hafiz Limited has announced the passing of the wife of its Chief Executive Officer, Mr. Fakhruddin Usmani. The company's report, dated November 13, 2026, confirmed that she passed away on November 9, 2026.

The loss also deeply impacts Mr. Ali Muhammad Usmani, the company's Secretary, as the deceased was his mother. The management and Board of Directors of Hafiz Limited have extended their condolences to the Usmani family.

The company issued a statement expressing their profound grief over the loss and prayed for the departed soul's eternal peace. They also wished courage and fortitude to the family during this difficult time.

According to information available from the Pakistan Stock Exchange (PSX), Hafiz Limited is categorized under the designated market category of the PSX. The company's recent announcement reflects its commitment to transparency and sharing significant personal events that affect its leadership.