Karachi: Ghandhara Tyre and Rubber Company Limited has announced the appointment of Mr. Muhammad Asghar as its Acting Chief Financial Officer, effective immediately. This decision, made by the company's Board of Directors, aims to ensure the ongoing continuity of financial management and adherence to regulatory requirements during this transitional period.

In an official statement dated January 27, 2026, the company outlined that Mr. Asghar's appointment is on an interim basis while the search for a permanent Chief Financial Officer is underway. The board highlighted the necessity of this move to maintain stability and operational efficiency within the company’s financial department.

The decision to appoint an interim CFO reflects the company's commitment to uphold its operational standards and regulatory obligations. According to information available from the Pakistan Stock Exchange (PSX), Ghandhara Tyre and Rubber Company Limited is taking proactive steps to navigate this period of change.

The company also requested that the TRE Certificate holders of the Exchange be informed of this development, emphasizing its dedication to transparency and effective communication with its stakeholders.