Karachi: EcoPack Limited, a publicly listed company on the Pakistan Stock Exchange, announced the appointment of Mr. Muhammad Asif Saad as an Independent Director. This decision came after the resignation of Ms. Sonya Jamil, thereby creating a casual vacancy on the board.
The announcement was made in compliance with Section 96 of the Securities Act, 2015, and Clause 5.6.1(a) of the PSX Regulations. During the 154th meeting of the Board of Directors, held on October 24, 2026, the resolution to appoint Mr. Saad was approved unanimously. The meeting convened to address the vacancy and ensure the continued governance of the company.
According to information available from the Pakistan Stock Exchange (PSX), EcoPack Limited has taken this step to maintain effective oversight and strategic direction at the board level. This co-option is part of the company's ongoing efforts to uphold good corporate governance practices.
The board expressed confidence in Mr. Saad's capabilities and his potential contributions to the company, emphasizing the importance of having experienced and independent perspectives within the board to navigate the competitive market landscape.