Karachi: Bolan Castings Limited has announced the appointment of Mr. Syed Javaid Ashraf as an Independent Director on its Board of Directors. This appointment took effect on January 6, 2026, and will last until October 28, 2026, filling the vacancy left by the resignation of Mr. Abdul Hamid Ahmed Dagia.

The change in the board's composition comes as part of the company's ongoing governance adjustments. Mr. Ashraf's co-option aims to maintain the board's balance and ensure effective oversight in line with corporate governance standards.

According to information available from the Pakistan Stock Exchange (PSX), Bolan Castings Limited is categorized within the designated market category of manufacturing and engineering. This appointment is expected to sustain the strategic direction and operational oversight required for the company’s continued performance in this sector.

The company has communicated this development to the certificate holders of the exchange, ensuring transparency and compliance with regulatory obligations.