Karachi: Dewan Salman Fibre Limited has announced significant changes in its leadership structure with the appointment of new directors, a chairman, and a CEO. These appointments became effective on September 26, 2025, with further positions taking effect on October 3, 2025.

The company has elected Mr. Ishtiaq Ahmed, Mr. Muhammad Irian Ali, Syed Farhan Asdaque, Mr. Saleem-ul-Haque, Mr. Muhammad Wajid, Mr. Asghar Iqbal, and Ms. Momna Gull as directors in accordance with Section 159 of the Companies Act, 2017. This restructuring is poised to shape the future direction of Dewan Salman Fibre Limited amidst the evolving market landscape.

Furthermore, the company has appointed Mr. Muhammad Man Ali as the Chairman of the Board of Directors. Mr. Ishtiaq Ahmed has been appointed as the Chief Executive Officer, marking a pivotal shift in the company's executive management. These new roles are effective from October 3, 2025.

According to information available from the Pakistan Stock Exchange (PSX), Dewan Salman Fibre Limited operates within the designated market category and is known for its contributions to the textile sector. The recent appointments are expected to influence the company's strategic initiatives and operational efficiencies.

The company has advised that members of the exchanges be informed about these leadership changes. This development underscores the company's commitment to adhering to the regulatory framework while striving to enhance its governance structure.