Karachi: The Board of Directors of Sui Northern Gas Pipelines Limited (SNGPL) has accepted the resignation of Mr. Muhammad Ramzan, a director of the company. This decision was made during the board's 638th meeting on June 25, 2025, and is effective immediately.

The company has requested that the TRE Certificate Holders of the Exchange be informed of this development. The resignation marks a change in the leadership structure of SNGPL, a key player in the energy sector of Pakistan.

According to information available from the Pakistan Stock Exchange (PSX), the market is closely monitoring the situation following this announcement.

The energy company's shares are listed under the designated market category of the PSX, where investors often react to changes in corporate governance and directorial positions. The impact of this leadership change on SNGPL's market performance remains to be seen, as stakeholders assess the company's future direction.