Karachi: In a significant development, Sanghar Sugar Mills Limited has disclosed pivotal changes to its board of directors, which were ratified during a board meeting held on November 06, 2026. The company, as reported from its registered office in Karachi, has appointed new top executives for a three-year term starting November 04, 2026.

The board of directors elected Mr. Ghulam Dastagir Rajar as Chairman. His election marks the beginning of a new leadership era at Sanghar Sugar Mills Limited, with the board expressing confidence in his capabilities to steer the company in compliance with applicable laws.

In a parallel decision, Mr. Ghulam Hyder has been appointed as the Chief Executive Officer. The board has approved his remuneration at Rs. 1.85 million per month, alongside additional benefits and allowances. Mr. Hyder’s appointment is anticipated to bring strategic direction and operational oversight to the company’s management team.

Additionally, Mr. Haji Khuda Bux Rajar has been named as Executive Director. His compensation package includes a monthly remuneration of Rs. 1.71 million, along with various benefits. The appointments are indicative of a structured approach to strengthening the company’s leadership.

According to information available from the Pakistan Stock Exchange (PSX), these announcements are expected to have implications within the market category of the sugar industry, as stakeholders observe the strategic shifts in leadership and governance at Sanghar Sugar Mills Limited.

These leadership changes reflect Sanghar Sugar Mills Limited's commitment to aligning with corporate governance standards while preparing for future challenges in the competitive sugar market.