Karachi: Saif Power Limited has announced the resignation of Mrs. Hoor Yousafzai from its Board of Directors, effective February 04, 2025. This resignation has been officially accepted by the company's board, marking a significant change in the governance of the company.

Mrs. Hoor Yousafzai, who has been a valuable member of the board, decided to step down, and her departure creates a casual vacancy that the board intends to fill in due course. The company assured stakeholders that this transition will be managed seamlessly to ensure continued strategic direction and leadership.

According to information available from the Pakistan Stock Exchange (PSX), the resignation of Mrs. Yousafzai has been formally recorded, and the necessary information has been disseminated to the TRE Certificate Holders of the Exchange. This procedural step ensures transparency and compliance with market regulations, further indicating Saif Power Limited's commitment to maintaining its corporate responsibilities.

The resignation comes at a time when the company is navigating a dynamic market environment, and the board's decision to fill the vacancy promptly reflects its proactive approach to leadership and governance. Saif Power Limited continues to be a key player in the energy sector, and the board's actions highlight their focus on sustaining the company's growth trajectory and market position.