Karachi: Dewan Cement Limited has announced the election of its new board of directors, with the appointments effective from January 26, 2026. The company informed stakeholders that this decision aligns with the regulations outlined in Section 159 of the Companies Act, 2017.
The newly elected directors include Mr. Ghazanfar Bober Siddiqi, Mr. Waseem-ul-Haque Ansari, Syed Maqbool Ali, Mr. Abdul Basit, Mr. Ishtiaq Ahmed, Mr. Aziz-ul-Haque, and Mrs. Nida Jamil. This election marks a significant restructuring in the company's leadership, aimed at steering Dewan Cement Limited forward in its strategic objectives.
According to information available from the Pakistan Stock Exchange (PSX), Dewan Cement Limited has completed the necessary formalities for the election of its directors. These appointments are expected to bring diverse expertise to the company’s boardroom, potentially impacting its market category by enhancing governance and operational efficiency.
The company has requested that the members of the exchanges be informed about these changes, ensuring transparency and compliance with regulatory requirements. This development is a key milestone for Dewan Cement Limited as it continues its operations under the new leadership framework.