Karachi: Jahangir Siddiqui & Co. Ltd. (JSCL) has announced the appointment of Mr. Ali Rathore as an Independent Director on its Board, filling a casual vacancy that arose due to the resignation of Mr. Shahid Hussain Jatoi. The appointment took effect on July 23, 2026, as per the company's official communication.

This announcement follows a prior notification sent by the company, referenced by letter No. CL 60/26 dated April 30, 2026, which initially informed stakeholders of the vacancy created on the Board of Directors. The company has been proactive in ensuring that the vacancy was filled in a timely manner, maintaining the governance structure essential for its operations.

According to information available from the Pakistan Stock Exchange (PSX), JSCL continues to maintain a robust position within its designated market category. The appointment of Mr. Rathore is expected to bring fresh perspectives to the board, aligning with the company's strategic goals and governance standards.

The inclusion of Mr. Rathore, whose credentials as an Independent Director are well-regarded, underscores JSCL's commitment to maintaining a diverse and experienced board. The company anticipates that his contributions will be valuable in navigating the evolving market landscape.