Karachi: Cordoba Logistics & Ventures Limited has announced the resignation of Mr. Faisal Nadeem from his position as an Independent Director, effective June 24, 2025. The announcement was made in compliance with Section 96 of the Securities Act, 2015, and Clause 5.6.1 of the Pakistan Stock Exchange (PSX) Regulations.

The company noted that the resignation has created a casual vacancy on its board, which will be addressed in due course. The resignation and subsequent vacancy have been communicated to the TRE Certificate Holders of the Exchange.

According to information available from the Pakistan Stock Exchange (PSX), Cordoba Logistics & Ventures Limited will take the necessary steps to ensure that the board's composition remains in compliance with regulatory requirements. The market category in which Cordoba Logistics & Ventures Limited is classified was not specified in the announcement.

As the company navigates this transition, stakeholders will be informed of further developments regarding the appointment of a new director to fill the vacancy left by Mr. Nadeem.