Karachi: Pakistan Synthetics Limited has announced the appointment of Mr. Tayyab Rafiq Balagamwala as a Director on its Board, effective July 23, 2025. This appointment comes in response to a casual vacancy that arose following the resignation of Mr. Ali Kamal.

According to the company, Mr. Balagamwala will serve for the remaining duration of the current Board's term. The appointment aims to ensure continuity and stability in the company's governance structure.

According to information available from the Pakistan Stock Exchange (PSX), the announcement is part of the company's ongoing efforts to maintain transparency and effective communication with its shareholders and the broader market. The move reflects Pakistan Synthetics Limited's commitment to adhering to corporate governance practices.

The company, listed under the designated market category of the Pakistan Stock Exchange, has urged the Exchange members to update their records in light of this new director appointment.