Karachi: In a significant development within the corporate sector, Calcorp Limited has announced a change in its board of directors. On March 21, 2025, Ms. Mashal Nida Zaman was appointed as a director, replacing Mr. Muhammad Danish Hussain. This change marks a pivotal moment for the company's governance structure.

The announcement was made public on March 24, 2025, and has been communicated to the relevant stakeholders, including the TRE Certificate Holders of the Exchange. According to information available from the Pakistan Stock Exchange (PSX), this appointment is part of Calcorp Limited's strategic initiative to bring new leadership and direction to the board.

Calcorp Limited operates within the designated market category of industrial manufacturing. The company has been proactive in aligning its leadership roles to strengthen its market position and enhance operational efficiency. The transition in the board is expected to impact the company's progress, as it continues to adapt to evolving market dynamics.

Ms. Mashal Nida Zaman, with her experience and expertise, is anticipated to contribute to the company's objectives and strategic goals. Her appointment reflects the company's commitment to fostering leadership that can navigate the complexities of the industrial manufacturing sector.

The exchange has been duly informed of this development, ensuring transparency and compliance with regulatory requirements. This change is a testament to Calcorp Limited's ongoing efforts to refine its corporate governance and enhance its operational framework.