Karachi: Saif Power Limited announced the resignation of its Chief Executive Officer, Mr. Sohail Hussain Hydari, effective October 15, 2025. The resignation, attributed to health reasons, was disclosed in a formal communication adhering to Clause 5.6.1(a)(xii) of the PSX Rule Book.

The company expressed its gratitude for Mr. Hydari's contributions during his tenure and extended wishes for his continued health. The departure of Mr. Hydari creates a casual vacancy in the CEO position, which the Board of Directors is expected to address in the near future.

According to information available from the Pakistan Stock Exchange (PSX), the resignation has been communicated to relevant stakeholders and certificate holders. The market categorized this development within the designated market category, emphasizing its procedural importance.

The transition in leadership at Saif Power Limited marks a pivotal moment for the company as it prepares to appoint a successor. The Board of Directors will oversee this process in accordance with established corporate governance protocols.