Karachi: Ghandhara Automobiles Limited has announced the appointment of Mrs. Arjumand Ahmed Shah as a director of the company. This appointment comes into effect on July 15, 2025, following the unfortunate passing of Mr. Polad Merwan Polad, whose position she will assume. The Board of Directors made this decision to fill the casual vacancy, ensuring the company maintains its governance structure. Stakeholders, including TRE Certificate Holders of the exchange, have been duly informed of this leadership change.

The development occurs within the context of the automotive sector, a designated market category that continues to navigate various challenges and opportunities. According to information available from the Pakistan Stock Exchange (PSX), the appointment of Mrs. Shah coincides with market movements that have been categorized as Minor move, reflecting the nuanced shifts in investor sentiment and market dynamics.

As the company continues its operations, the board's decision aims to provide stability and strategic direction. The appointment of Mrs. Shah is expected to contribute to the company's future endeavors, aligning with its long-term objectives and commitments to stakeholders.