Karachi, Lalpir Power Limitedinformed Pakistan Stock Exchange that Mr. Aurangzeb Firoz has resigned from the office of Chief Executive Officer of the Company with effect from February 01, 2018 and Mr. Khalid Qadeer Qureshi, Director of the Company has been appointed his place as Chief Executive Officer of the Company with effect from February 01, 2018 on his existing terms and conditions of monthly remuneration of Rs.945,466 plus bonus and other benefits as per rules of the Company.
Further, that Mr. AwaisMajeed Khan, ACA has been appointed as Chief Financial Officer of the Company in place of Mr. Khalid Qadeer Qureshi with effect from February 01, 2018.
Lalpir Power Limited formerly known as AES Lalpir Private Limited is in the business of electricity generation and distribution businesses. The business of the company falls in the category of solar energy, fuel and energy. The products of the company are plant spares and consumable chemicals, electricity and power generation. The registered office of the company is located in Lahore.
The symbol “LPL” is being used by the stock exchange for the shares of Lalpir Power Limited.