Lahore: Shakarganj Limited announced a significant change in its board of directors with the resignation of Mr. Shoaib Ahmad Khan. The company, a notable player in the market, disclosed this development, marking 21 July 2025 as the effective date of Mr. Khan's departure from the board.

The company swiftly filled the vacancy created by Mr. Khan’s resignation. Mr. Muhammad Adil Qureshi has been appointed as an Independent Director, assuming his new role on 23 July 2025. This change was executed through a resolution by circulation, as reported by the company's official communication.

According to information available from the Pakistan Stock Exchange (PSX), Shakarganj Limited is a key participant in its designated market category. The company has instructed the Exchange to inform the TRC certificate holders about these updates.

The decision to appoint Mr. Qureshi reflects Shakarganj Limited’s commitment to maintaining a balanced and independent board structure, ensuring the company's governance aligns with its strategic vision moving forward.