Power Cement Limited Announces Director Appointment Following Board Resignation

Karachi: Power Cement Limited has announced the appointment of Mr. Khalilullah Shaikh as Director on its Board, effective June 24, 2025. This appointment comes after the resignation of Ms. Aaiza Khan, creating a casual vacancy on the board.

Power Cement Limited, a notable entity in the cement sector, made this announcement to ensure the continuity of its governance structure. The appointment of Mr. Shaikh is expected to maintain the strategic direction and oversight of the company's operations.

According to information available from the Pakistan Stock Exchange (PSX), Power Cement Limited remains a key player in the construction materials market category. The company has consistently contributed to infrastructure development, aligning its operations with market demands.

The board's decision to appoint Mr. Shaikh is part of Power Cement Limited's ongoing efforts to adapt and respond to changes within its leadership framework. The exchange has been informed to update the TRE Certificate Holders about this change in the directorial position.

Ms. Aaiza Khan's resignation prompted a swift response from the board to fill the vacancy, ensuring minimal disruption to the company's governance. The new director's appointment is viewed as a step toward reinforcing the company's commitment to effective leadership and accountability.