Karachi: Baba Farid Sugar Mills Limited has announced the appointment of Mr. Khawaja Bilal Hussain as an Independent Director, effective April 27, 2026. This appointment follows the passing of Mr. Manaoor Hussain Hamayoon, who previously held the position.
The company, known for its operations within the sugar industry, communicated this update to stakeholders, emphasizing the continuity of its governance structure. The change in directorship aims to maintain the company's strategic direction and oversight.
According to information available from the Pakistan Stock Exchange (PSX), Baba Farid Sugar Mills Limited is listed within the Consumer Staples sector, specifically under the sugar and allied industries category. The appointment of Mr. Hussain is expected to reinforce the board's expertise and contribute to the company's ongoing projects and initiatives.
Baba Farid Sugar Mills Limited has requested the TRE Certificate Holders of the Exchange to be informed of this development. The company continues to navigate the challenges and opportunities within the sugar sector, underlining its commitment to corporate governance and stakeholder engagement.