Lahore: Emco Industries Limited has announced the resignation of Mr. Kashif Mahmood from his role as Head of Internal Audit, effective November 13, 2026. This resignation adheres to the stipulations outlined in the Code of Corporate Governance Regulations, 2019, and the Rule Book of Pakistan Stock Exchange Limited.

According to information available from the Pakistan Stock Exchange (PSX), Mr. Mahmood, who was an employee of Emco Industries, has vacated his position in compliance with Regulation No. 5.6.1(a)(xii). The company has commenced the process to appoint a successor to the role. The new appointment will be formally announced to the exchange once the necessary corporate and regulatory procedures are concluded.

In line with the Code of Corporate Governance Regulations, 2019, Emco Industries has the flexibility to outsource its internal audit function. M/s. Muhammad Ali Hussain & Co., Chartered Accountants, which is currently serving as the outsourced internal audit service provider, will continue in this capacity. The firm is suitably qualified and familiar with the company's policies and procedures, offering continuity in the interim period.

The developments at Emco Industries fall within the designated market category of corporate governance and regulatory compliance. The company assures stakeholders that the transition will adhere to all necessary formalities.