Karachi: Otsuka Pakistan Limited has announced a change in its corporate governance structure with the resignation of Mr. Shahab Khalid Subzwari from the position of Company Secretary. The company, in its latest report dated July 31, 2026, confirmed that Mr. Subzwari's resignation took effect on July 28, 2026.

The Board of Directors has swiftly moved to fill the vacancy by appointing Mr. Amir Khalid as the new Company Secretary, effective the same day as Mr. Subzwari's departure. This decision was formalized through a resolution passed by the Board of Directors on July 27, 2026, ensuring a seamless transition in the company's secretarial oversight.

According to information available from the Pakistan Stock Exchange (PSX), Otsuka Pakistan Limited is categorized under the pharmaceutical sector, reflecting its core business operations and market segment. The change in company secretary is a significant administrative update for the corporation and is expected to maintain the company's compliance and governance standards moving forward.