Karachi: In a recent development, Ansari Sugar Mills Limited announced that Mr. Iqbal Buledi has vacated his position as the Non-Executive Director of the company. This change took effect as of July 3, 2026. The announcement was made in alignment with Section 96 of the Securities Act, 2015, and Clause 5.6.1 (a) of Pakistan Stock Exchange (PSX) Regulations.

The company has requested that the TRE Certificate Holders of the Exchange be informed of this change. According to information available from the Pakistan Stock Exchange (PSX), the departure of Mr. Buledi marks a significant shift in the board's composition.

Ansari Sugar Mills Limited, a notable entity in the sugar industry, has not specified any immediate plans to fill the vacancy left by Mr. Buledi's departure. The implications of this leadership change on the company's operations or strategic direction remain to be seen.