Karachi: Bolan Castings Ltd. announced the resignation of its independent director, Mr. Abdul Hamid Ahmed Dagia, effective October 20, 2025. The resignation was submitted through a letter dated October 20, 2025, and officially received by the company on October 22, 2025. Mr. Dagia's departure from the board was accepted by the Board of Directors on the same day the resignation was received.

According to information available from the Pakistan Stock Exchange (PSX), the resignation complies with the provisions of Section 96 of the Securities Act, 2015, as well as Clause 5.6.1 (a) of PSX Regulations. This development necessitates the filling of the casual vacancy created by Mr. Dagia's departure, which will be addressed in accordance with the applicable legal requirements.

Stakeholders and certificate holders of the exchange have been duly informed of this change in the board's composition, marking a notable shift in the governance structure of Bolan Castings Ltd.