Karachi: In an important corporate development, Sanghar Sugar Mills Limited has announced the election of a new chairman and the appointment of key executives following a board meeting held on November 06, 2026. These decisions are expected to steer the company for the upcoming three years.

The Board of Directors has elected Mr. Ghulam Dastagir Rajar as the Chairman of the Board. His term commences on November 04, 2026, and will last for three years, subject to any changes due to resignation, ineligibility, disqualification, or removal by the directors.

Additionally, Mr. Ghulam Hyder has been appointed as the Chief Executive Officer (CEO) of the company, effective from November 04, 2026. He will receive a remuneration of Rs. 1,852,000 per month, along with other benefits and allowances. His appointment aligns with the legal requirements outlined in the provisions of the law governing the company's operations.

The board has also approved the appointment of Haji Khuda Bux Rajar as the Executive Director, with a monthly remuneration of Rs. 1,706,000, including additional benefits and allowances. His tenure also begins on November 04, 2026, and spans three years.

According to information available from the Pakistan Stock Exchange (PSX), these leadership changes are part of the company's strategic initiatives to strengthen its governance and operational framework. The new appointments reflect the company's commitment to aligning with regulatory standards and enhancing its leadership team.