Karachi: Engro Powergen Qadirpur Limited announced the resignation of Mr. Mohammad Yasir Khan from its Board of Directors, effective March 31, 2025. The development was disclosed in an official communication from the company, highlighting a significant change in its leadership structure.
The resignation of Mr. Khan creates a Casual Vacancy on the board, a position that the company aims to fill in accordance with regulatory requirements. This process will be undertaken by the Board of Directors, who have assured stakeholders that they will proceed with the necessary steps in due course.
According to information available from the Pakistan Stock Exchange (PSX), Engro Powergen Qadirpur Limited falls under the designated market category. The company has requested that the TRE Certificate Holders of the Exchange be informed of the change in the board’s composition following Mr. Khan’s departure.
This announcement marks a noteworthy transition within Engro Powergen Qadirpur Limited’s governance, as the company navigates through the procedural requirements to appoint a new director to its board.